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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: Nick who wrote (3235)2/1/1999 9:06:00 PM
From: jim nazium  Read Replies (1) | Respond to of 3748
 
MTI cashed in on their previous RAID patents by selling them to EMC for a minimum of $40 paid over 5 years. Additional amounts will be paid to MTI if EMC settles or cross licenses these to others. They will get half of that up to $20 million. MTI does not file patents at will . They have a RAID technology center that has developed significant technology and they will cash in on this patent and others in due time!!!!