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 : EDTA (was GIFT) -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (1940)	4/21/1998 1:56:00 PM
From: GRC	Read Replies (1) \| Respond to of 2383

I'm not mel, but here is what I think: "When do you think the court will hear the case" Soon we hope, but no hard news as to when. Unfortunately the judge can sit on it as long as she wants. She already has taken longer than most would take. "when do you think GIFT will be awarded this patent" GIFT already has the patent. Any money damages will be awarded after a trial. A trial can't take place until after the judge decides what the claims mean (or decides not to decide right away, but lets the case move forward anyway). Infringement and validity discovery has not taken place, so figure trial is a year (or more) after the judge acts. "if GIFT had any chance of winning this award, then what's the stock doing at a buck." Obviously the market thinks its a long shot. Could be not enough people know about it, or its just too hard to predict a court case. It rises quickly on news, be ready. Also, the market might be waiting for the judges claim decision. GRC

To: Mr Metals who wrote (1940)	4/21/1998 2:03:00 PM
From: BILL JAMES	Read Replies (2) \| Respond to of 2383

Keep in mind that we have some very stupid traders on this thread they think buying a stock at .50 holding for a six months to a year and selling around 1.35 is a big deal. The people who know this stock know it is an all or nothing deal and right now has an excellent risk to reward ratio.

To: Mr Metals who wrote (1940)	4/21/1998 2:03:00 PM
From: Mel Spivak	Read Replies (2) \| Respond to of 2383

GIFT has the patent. To enforce the patent, they are in litigation. The stock is only at a buck (.93 x 1.06 on 38K now) for several reasons: 1. It is on the OTC BB 2. It is a "mini-micro" and"all that it is, is "THE Patent". Like I have said before, I was a sceptic until my patent atty old buddy, who was w IBM when IBM lic'd it, he let me know that the patent was "good". (BTW, he has greatly advanced from IBM and heads the patent dept of a Fortune 500 now). Nothing has changed, except that we are "that much" closer to the Ct setting the date for the Markman Hearing where the Judge will "define" the claims of the patent. Metal-man, grab some shares and it has a great chance to eclipse the run KTEL (now NAVR DISK SHRP) are now having. Mel