To: SAM-DAN who wrote (1731 ) 3/24/2000 10:00:00 PM From: Mahatmabenfoo Respond to of 1877
First you say this: > Gee ,what changed your mind-Charles Nothing changed my mind. That's a pretty lame attempt to find contradictions. It won't work. Watch. First, you quote a post of mine, in which I say: > Even if TRKR were to break *even* on the Florida deal, it'd > justify a great increase in stock price -- because right now, > there is no Florida deal, only the hope of one. Right -- because if anyone would actually USE TRKR's system, then maybe someone else will use it. That's still my position. What you somehow fail to quote is the rest of my message, which pointed out that TRKR's unwillingness to settle a measingly $120,000 dispute with the police chiefs was a big indication that the deal is not worth $20 million, or, as you say, a multiple of that. TRKR has not come through on the Florida deal it said was already in place in July 1999 -- not in its most recent press release, not otherwise. Let's look once again at TRKR's July 1999 press release. Just a sentence will do this time: <<Under the partnership, Tracker will install Tracker(TM) Systems in up to 1,000 Florida police departments and schools and train personnel in Operation Bicycle Identification.>> See? TRKR says it WILL install and train. But its new press release only indicates cooperation toward selling -- which, sure, could equal your fabled multiple of $20 million. But based on TRKR's history which I have recited, it is more likely to equal ZERO. What we know for sure is this: TRKR is no longer promising that it "WILL" install anything. If none of that matters, explain this: if the Florida deal is worth $20 million, why did TRKR's fabled new management let a $120,000 dispute hold up the deal for months and months? > TRKR needs to prove its technology works in > the field -- not only technically, but in practice. Exactly! So we agree on something. One difference between you and me is that, since TRKR has been trying to prove its technology since 1995, I give up. I don't believe it's ever going to happen. You still have faith. Well, more power to you. > First correction - if you really are a lawyer Tchh, tchh. I already told you that the way to keep me quiet is to not insult me. I already gave you and this list a free lesson in patent interpretation -- you really ought to be more appreciative. Maybe you won't be dazzled in the future about a company's prospects just because it has a patent. Here's another free lesson, and a big secret: most patents don't mean anything. At least a third of them are overturned when anyone tries (and TRKR's has NOT been tested in this way). And of the rest, most NEVER produce a cent of revenue -- they're too easy to get around, or do something no one cares about. But companies love to get them because it impresses the stockholders, and gives them hope. Wise up. > Tracker hired staff to train the police in using this > equipement When? How many people? Are these people still working for TRKR now? If you are correct, then TRKR can at least be said to have faith in its future, and to be trying to make sales. So maybe it has a chance. But it's had chances before -- and bigger ones than it has now (see my 2 part email). And nothing gets around that its most recently reported revenue for six months was $54,000. Gawd! > The patent issue revolves around the issue of > retrieval and return of items to their rightful owners. > This was upheld by the courts Now this is where you go too far -- that's just flat 100% wrong. Try to get this: TRKR was the DEFENDANT in a patent lawsuit. It was accused of being an infringer -- it was never asserting its patent against anyone. And that's based on TRKR's own press release. There are a few circumstances in which a patent could be "upheld by the courts". Here's 2 examples: - if TRKR was a plaintiff, suing someone for infringing its patent, and TRKR's patent was held valid against the defense that it is not; or - if the Patent Office re-examines the patent, holds it invalid, an the courts send it back to the Patent Office. But that's not what happened. Nothing even close. TRKR was a DEFENDANT in the only lawsuit I know about. You still claim otherwise? Give me a citation. > and is why the police have entered into the agreement with > TRKR. Police in various places have been supporting TRKR since 1995 -- about 4 years before its patent issued. A lot of good it means. > and other such aids to the companies involved... > These latter functions are of course not patented exculsively No, no and NO. Business functions are not patented to TRKR AT ALL. It's a method for protecting PERSONAL POSSESSIONS. I've already explained this, and given you the URL to the claims in TRKR's patent. Being wrong is one thing, but persisting in giving misinformation about this is really outrageous. > 1995 was eons ago in the history of this company Sure. But I gave information about 1997, and 1998 and 1999. > Time will prove whether we are right or wrong. Absolutely correct --- and good luck to you. Really -- I have no interest in TRKR long or short as of this morning. But you ought to understand the patent issues before repeating incorrect information about them. I don't even really care about that EXCEPT if you keep challenging me personally, I'll keep answering. - Charles