EDTA (was GIFT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EDTA (was GIFT)

EDTA 0.000200

+300.1%

Mar 7 3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gerard mangiardi who wrote (2115)	5/4/1998 3:57:00 PM
From: GRC	Read Replies (1) of 2383

Gerard, I don't mean to imply he is a lightweight. He simply hasn't had a lot of experience as lead trial counsel that I could find. It is very difficult to find experienced lawyers who will take a patent case on contingency. They are in such demand they generally require hourly rates, not contingency. Patent lawsuits are such an uncertainty, and there is such a delay to collect, that most want money upfront, or as you go. Assume the markman hearing is favorable to GIFT. Then 1 year to trial. Then 18 more months to get through the appeal. then 6 more months for the Supreme Court to deny cert. Then GITF collects (and a contingency lawyer collects). Most lawyers have support staff to pay and don't want to wait that long for their money. I am assuming that GIFT does not have the cash to pay typical attorney fees up front (Average is more than $1 million for lawyers, not counting expenses and experts). I'd be interested in your opinion of the briefs (see my earlier posts if you want mine). GRC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next