I wasn't impressed at all by the interviewer, and Turley - I'm sorry to say - did not live up to my expectations. Not intending to be arrogant, but I think that I could have done better (and I KNOW nuttin'!).

Many of the interviewer's questions, while perhaps pertinent to your average run-of-the-mill company, didn't really fit our immediate scenario. Turley should have tried to grap control of the discussion and guided it to advantage.

He did mention 20 licensees and identified a few impressive ones.

He could have been more clear in stating that it appears all high performance processors made in the last 12-15 years likely infringed, as will virtually all such processors for the forseeable future.

He could have been more clear in saying that there are 400+ companies on notice (not just "out there"), and that we are in discussions with 80+.

He could have mentioned the current litigation with a positive spin, e.g., we're in litigation against MEI, NEC, Toshiba and ARM in the ED of Texas "rocket docket" and that things are going well, and that if infringers are unwilling to settle, our action clearly indicates that we will pursue damages in the courts. Skirting this, or not even mentioning it, was not wise IMO, as anyone doing any DD will see it immediately (why didn't he mention this? Must not be going well...).

His response re: R&D was a bit deceiving (what R&D?), but he did express his desire to pursue R&D.

Ongoing Royalties? The way he addressed it implied that some licensees went this route, or are expected to near term. Plausible? Maybe after things are resolved in court and TPL changes their attitude.

He could have done better, IMO. But certainly no damage done. The "up to the right" sounded real good, and he was overall very upbeat.

JMHO,

SGE