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Technology Stocks : EDTA (was GIFT)
EDTA 0.00005000.0%Nov 21 9:30 AM EST

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To: Mel Spivak who wrote ()10/31/1996 10:33:00 AM
From: Rory Foster   of 2383
 
To all,

OK, I've done some reading now. So we're taking about "three men
and a patent". The patent covers "a system and method whereby
digital data products are made available at a point of sale (POS)
location and produced in a material object". I also found this
little bit of info:

> By his own admission, Charles Freeny, Jr., the E-Data patent's
> inventor, wasn't thinking of collecting coins from transactions
> on the Internet when he filed his application in 1983. His
> better idea was to deliver sound recordings, movies, and other
> goods electronically to retail outlets, cutting out the numerous
> logistical middlemen and logjams that accompany delivery of
> physical goods. The patent sort of describes a system in which
> goods are delivered to information kiosks at retail outlets.

and this:

> Judge Barbara Jones of the Southern District of New York [will]
> be holding a Markman hearing to interpret the claims by the end
> of this year or early next year. As that hearing goes, so goes
> E-Data, for if she says that the claims describe an information
> kiosk system and nothing more, the gig is up for E-Data.

Well, it's the old big risk big reward scenario. This turkey could
go out of business in the next couple of months or it could go
nation-wide. Judge Jones sounds like a tough cookie so far. Any
specific reasons why the judge should find in favor of GIFT?

I don't mind betting on a race horse, but I'd like to see the price
fall a bit more before I place any bets. Any other thoughts?
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