newcomer
posted on
Jan 23, 2007 05:14AM
Greetings everyone, although I have been a past poster on discussion boards like Yahoo and RB this is my first venture into Agora and my first posting in a long time.
Let me be upfront first of all and state I am NOT an owner of this stock...YET...I've been reading and reviewing posts on RB and doing some research on Pacer, etc etc etc. I am also a holder of stock in another company with a similar business plan and complications such as PTSC is now involved with, such as licensing and the upcoming Markman.
I've been associated with patented items in the past and have sat through a couple of Markman hearings. I would like to buy into PTSC but every time I think we've seen a current bottoming-out of the stock I've been wrong and luckily haven't bought in as of yet.
Make no mistake about it, the Markman is everything IMO. Markman hearigns were expressly set up to keep parties OUT OF JURY PROCEEDINGS. Currently PTSC and the defendants are presenting the construction claims to the judge for review. The defendants will try their best do get the judge to rule on any claim PTSC has included in their patents that might easily keep them from being considered an infringer of the patents, and likewise PTSC and their lawyers will do everything they can top keep every word of every sentence intact to support their claims attached to the patents.
The judge will review all entered filings and rule on each claim that is disputed by the defendants within the patent. if the judge finds all the claims , as granted by the PTO are viable and need not be changed to PTSC's detriment, then in fact PTSC has a major upperhand dealingwiththe defendants. of course conversely to that if the judge rules against any of PTSC's claims within the patents that would give the defendants a "loophole" to bypass infringement then, other than an appeal to the circuit court to overturn Judge Wards findings, PTSC would be in trouble for infringment rights. After his rulings on the disputed claims there is another scheduled date for summary judgement which could eliminate a jury trial if the winner so desired, and usally a time set aside for "arbitration and compromise" by the parties to see if an agreement can be reached before a trial is called to jury.
If PTSC is successful in upholding alltheir claims of importance on may 3rd. (which by the way coudl take more than a day to finish) then the judge's finings for construction of the disputed claims will be published via the fed. court site. usually the party or parties invlolved will relase a PR the day after the markman to tell the world who won what, but it's not required that they do, the 'winner' i woudl assume woudl broadcast that ASAP but who knows what either party might be thinking along those lines.
Sorry for the run-on here but just some info for those interested. Meanwhile, my decisoning on entering the fray will liely hang on whether I want to buy-in and roll the dice on the markman opurcome or just wait till may 4th or 5th to see what transpires. it coudl be better to buy on an upswing after good news at the Markman than trying to catch a fallign knife beforehand. I DO expect though that right before the markman PTSC stock will rise to extent that the "MARKET" views their chances of a successful Markman, that hope usually brings in buyers.
Nice reading the posts here, wish the RB board had a little more sanity and lot less BS going on over there, but if one can separate the honest opinions from the hypsters, good and bad, there is some good info from some there also. Now if we an get PTSC and their 50/50 partner from signing these miniscule one time payment deals PTSC's SP would be alot better off IMO.
GLTA