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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (16660)	11/15/2000 10:07:36 PM
From: Craig Freeman	Respond to of 60323

Jay, SNDK's SEC latest filing states that they spent $4.3M in legal fees for the LEXR suit. In effect, SNDK earned $1.7M in "royalties" in exchange for a whole lot of trouble. "Treble damages" are the statutory "minimum compensatory damages" awarded for intentional patent violations. Successful plaintiffs may be entitled not only to treble damages but also to legal fees and unlimited punitive damages. In a world where juries award $1M for broken ankles in supermarkets, one can only speculate as to what a jury might do to a company that blatantly and repeatedly violated SNDK's IP. Given the dozens of millions of dollars in revenues that SNDK lost and the damage to its ability to license its IP, $1.7M is insignificant. As usual, there's a lot more going on at SNDK than we know. Hypotheses abound. What if ... SNDK is getting ready to sue Sony over the Memory Stick. LEXR has all the specs and knowledge of both CF and the Stick. You couldn't ask for a better "expert witness". So ... LEXR does a deal where SNDK drops all the lawsuits if LEXR engineers agree to testify in SNDK vs Sony Corp <g> Craig