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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: M. Frank Greiffenstein who wrote (2152)	5/19/1998 6:53:00 PM
From: Pure Folder	Read Replies (1) \| Respond to of 11417

Thank you for finding and posting that link, DocStone. FWIW, my initial reaction is a positive one, though, of course, I'm open to other opinions on the matter, especially from those more familiar with the technology. The E-Data ruling, while not yet dispositive of the litigation (but apparently close to it), suggests that courts are not going to allow companies to restrict e-commerce by exacting licensing fees (to avoid patent infringement claims) simply because such companies were lucky enough to file for a patent early on in the evolution of the technology. With less "patent-holders" reaching in for a piece of the pie, all vendors are presumably more motivated to carry on internet and broadband commerce of digital content--viz. WAVX's market. Arguably, this type of judicial attitude may someday cut against WAVX if it must defend its patent claims, but that is not a concern now. In fact, if the OEMs adopt the technology, then WAVX will be a step ahead of the competition. The race is more likely to be in the marketplace than at the patent filings clerk's counter. And it is better to win this battle in the marketplace, than in the courtroom. Furthermore, to the extent WAVX's patent relates to an identifiable piece of hardware, rather than a process or application, it likely will fare better in patent litigation if ever that day should come. Thanks again for the link. Pure Folder