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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Against The Giants

February 11, 2025February 10, 2025

The ParkerVision saga — now 26 years in the making — seems, conceivably, to be coming to a head.  The latest video in its “Against the Giants” series dropped yesterday on Instagram and X.  The previous video suggested that PRKR’s $173 million unanimous jury verdict was overturned by pressure from the Obama White House.  The series is billed as “a David vs. Goliath tale of innovation, theft, and the fight for technology’s future.”  It already has nearly 10,000 followers on Instagram; more than 3,000 on X.  Or you can watch on YouTube here and here.

Qualcomm can’t be enjoying this.  They are looking really bad.  Their own internal emails are so damning!  They filed a 28-page motion asking the court to quash the videos, but the judge threw it out as ludicrous.

As I type, PRKR is about a buck a share.  When you think back to the $173 million PRKR was awarded in 2011 (plus interest?) . . . plus what might have been 14 years of ongoing royalties . . . plus what could legally be treble damages for “willfulness” . . . plus whatever PRKR might collect in its suit against MediaTek and/or its suit against Realtek . . . one could imagine $1 billion flowing to PRKR net of legal fees — $10 a share.  Maybe even more!  Or maybe, of course, nothing at all.

I own a ridiculously large number of shares that I am whittling down as the stock rises (because, gambler though I am, recklessness has its limits) — some of them bought on the open market for as little as a dime and some direct from the company for more than a dime to help keep it alive.  So take my enthusiasm with several grains of salt.



INDIVISIBLE’s TO-DOs FOR THE WEEK


  1. Tell your Members of Congress to take a stand against the Trump-Musk coup. Musk and Trump are usurping the legislative branch’s power by freezing funds allocated by Congress and attempting to shutter agencies that can only be terminated by legislation. All congresspeople — regardless of party — should be up and arms and fighting back. Our resource page has call scripts and email tools you can use to demand action from your elected officials.

  2. Tell your Republican senators to reject the nominations of RFK Jr., Tulsi Gabbard, and Kash Patel. If you’ve already completed our first to-do, you know that we are telling Dems to vote no on ALL Trump nominees until this constitutional crisis is over. But Democrats are in the Senate minority, so to stop Trump’s most heinous nominees, we need a few Republicans to vote NO too. Visit our Nix the Noms page for email tools and call scripts.

  3. Join our weekly discussion Zoom with Indivisible co-founders Ezra Levin and Leah Greenberg (Thursday, 3pm ET/12pm PT). On the day of the inauguration, we sent an email with a paraphrased quote from one of our favorite shows on rebellion, Andor: “The pace of oppression outstrips our ability to understand it and that is the real trick of the imperial thought machine.” Applicable, right? When horrendous news comes at us as fast as it has the last few weeks, the only way to process it and stay grounded is to come together, in community, and discuss what’s happening. And, more importantly, to discuss how we fight back.


 

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