Re: 1st 90 days of 2009 - LL
posted on
Jan 27, 2009 07:52AM
I said "I would consider about any ruling that did not utterly destroy us to be reasonably favorable." without outlining what utterly destroy or catastrophic might look like. I can allow for that possibility but think the odds greatly favor a survivable outcome... apparently as do you. Survival or ‘not so bad’ equals ‘good’ since it means that EDIG can continue moving forward. I agree they’ve already spent a lot to defend themselves but since the injury has already occurred, then most will view the stopped bleeding as a good thing.
It could take another 4 years for EDIG to become successful and I’d still beat your old prediction. But I didn’t mean to imply ultimate success by mid-2009... merely that caution would finally give way to some optimism and that the share price would respond accordingly. We shouldn’t still be trading at ten cents or in the teens this summer if settlements continue, the amounts increase, and new infringers are identified... and it doesn’t make sense to think that the above won’t happen - unless you’re still judging everything against the past.
And no, I was correct the first time since SP doesn’t speak for RP as far as I’m concerned. Even accurate quotes can be misleading if the real message is mis-understood. I appreciate him sharing his conversations but know better than to base all my thoughts upon them.
- Sinkman