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Technology Stocks : Vidikron Technologies Group (VIDIC)
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To: DRD who wrote (256)3/10/1997 1:00:00 AM
From: Randy McWilliams   of 782
 
So do we believe what Marvin Maslow, chairman of Projectavision, has said - "The Digital Home Theater product ... does not use the inventions in the patents assigned to the company by our former employee Eugene Dolgoff"? Or do we believe Dolgoff who was terminated from the company in February 1995 and who says he owns all the technology in the DHT.

I think that Larry Hornbeck invented DMD for TI and certainly he must be listed as the inventor (my guess), but I would think that TI OWNS the technology and the patent(s) is assigned to them. Now if the inventor of the mirror chip was fired from TI, would he have any legal rights to claim that he deserves all profits from the technology? He was paid as an employee for TI and TI probably spent over 1 billion dollars to develop the technology, so how could he claim that he should profit from the sales of DMD. Now of course if there was a written agreement between the inventor and the company for profit sharing (royalty payment), it would be a different story, but since apparently there was no written agreement between Dolgoff and PJTV, I just don't understand how Dolgoff has any legal rights to expect "all of the profit from the technology will go to me".

So I conclude that either the chairman of PJTV is misleading the shareholders and Dolgoff is indeed the owner of all rights to the DHT and PJTV shareholders have NO ownership rights to the DHT technology, or Dolgoff is trying to damage the company and its shareholders for malicious and vindictive reasons, or Dolgoff is getting very poor legal advice and is being manipulated by lawyers and since he is a wealthy man, he does not care whether he wastes his money. However, his type of personality would indicate that the last possibility is unlikely.
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