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


To: Stang who wrote (2276)4/16/1999 6:08:00 PM
From: Arnold Freilich  Read Replies (1) | Respond to of 2383
 
Hi Stang,
Yes, I'm still around - basically sitting on the sidelines watching with interest.

I have virtually no contact at all with management, but I do have faith in their abilities. I am very happy with the choice of replacement counsel.

Graham James is certainly a large, respected firm with a top-notch IP practice. In my humble opinion (and I'm not an expert, attorney or techie), Judge Jones's interpretation of the claims was overly narrow. I and many people I know who hold substantial positions in E-data, look forward to the possibilities for the company on its legal appeals.

Obviously, there's a new PR firm in the picture and that's most likely the reason for the recent activity.

Unfortunately, I had no choice but to raise cash to finance some of my own start-up activities - at prices considerably below the current market.

On the bottom line - I think that E-data is far from dead!

Good luck! :)



To: Stang who wrote (2276)4/19/1999 8:31:00 AM
From: GRC  Read Replies (2) | Respond to of 2383
 
I'm still around as well. My opinions haven't changed on the claims, and what has happened (filing of the notice of appeal) was expected. I see no real reason for the price jump now (other than PR), but I'm waiting for the briefs to be filed. Carl Oppedahl said he hopes to continue posting the briefs, and I look forward to reading them. i agree the firm handling the appeal is top notch.

IMO this is a risky stock, but the upside is huge. I still think we have a better chance on appeal (with patent judges) than at the trial level (with a non-patent judge).

IN the interest of disclosure, I was one of the sellers on the "MRosen" run up in April last year, and when the decision came out I was not long. Since the decision I bought quite a few shares around 0.30, and have sold most of them in the past week. I hope to rebuy back under 0.30 before October.

GRC