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Technology Stocks : EDTA (was GIFT)

EDTA 0.000200

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Mar 7 3:00 PM EST

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To: Mel Spivak who wrote ()	9/5/1996 3:03:00 PM
From: Paul Wilson	of 2383

I have been following this discussion with great interest. I have a great deal of first hand experience in patent litigation as I am the inventor and personal owner of an important patent. I have been in litigation for five years against seven companies three of which have sales of well over a billion dollars. My perspective is more like the guy that had the heart transplant verses the perspective of his surgeon. The only really unique thing I see about the E-Data case is that it is a publicly traded company with an untested patent as its sole asset. Obviously I have had to raise money from personal investors in order to assert my rights and get my day in court. In the early stages, which is where E-Data is now, it was very difficult to raise money but now the reward verses risk is very favorable. The court has ruled that the defendant did in-fact infringe and at trial the only questions to be decided were validity of the patent, the amount of damages and the question of willful infringement. The trial went well and I expect the Judge's decision any day. I hope he tells me I'm rich! I did not ask for a jury because the merits of my case were so strong I didn't feel I needed to risk an unpredictable jury. I think your readers could invest in much better patent cases than E-Data's but they probably don't know how to find them. My investors will make a potential return equal to E-Data1s even if E-Data goes to 100. I am currently working with a small group of investors attempting to put together a portfolio five to ten patents from independent inventors that meet strict standards. Spreading the risk over five to ten patents virtually eliminates the downside risk because if only one is successful the investors will at least break even. For what its worth, Paul

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