Silicon Investor (SI) -- The First Internet Community

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 : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (10054)	3/25/1998 1:46:00 PM
From: rhet0ric	Respond to of 213173

Imatec has a $2.7 million market cap. If, worse comes to worse, Apple lawyers see that there seems to be any substance to the suit, Apple will buy them out. Good point. I almost wonder if that's Imatec's objective, given that they apparently tried and failed to sell the company recently. The purpose of the ridiculous $1.1B figure is to make the $2.7M purchase price look attractive. As far as AAPL going down today, my guess is that it's caused by people who bought in anticipation of a CEO announcement after the bell tomorrow, and who interpret the silence as a "no" from Jobs. rhet0ric

To: Alomex who wrote (10054)	3/25/1998 1:51:00 PM
From: X-Ray Man	Respond to of 213173

I suspect the suit is a nuisance suit to extract some value prior to liquidating Imatec, i.e., sue for a billion, and maybe Apple will buy the patents for a million, which is no small change for Imatec at this point. And actually, if the patents have even a smidgen of legitimacy, it would be worth a million to Apple to further protect ColorSync technology from erstwhile competitors, especially if the patents cover their technology, too. Most likely, these are not enforcable patents, though.