But first . . .
In case you haven’t seen it yet, this is me in 50 years, when all my parts have been replaced.
And also . . .
Do you own PRKR (last written about here)?
Or are you for some reason fascinated by patent law?
If so, check this out, written by a retired Federal appeals court judge who specialized in patent law.
Everyone hates “patent trolls,” just as everyone mocked that woman who won $3 million from McDonald’s when she spilled hot coffee between her legs.
But just as it turns out the public was misled into thinking the coffee case was ridiculous, so has our country’s Judiciary been misled by a sophisticated, decades-long campaign to delegitimize patent protection.
Which matters, because a country like ours needs to reward inventors, not bankrupt them with legal fees as they attempt and fail to assert their patents.
Retired Chief Judge Michel begins:
An untold story of the patent “reform” era is how the High Court (as well as the Congress) blithely accepted an exaggerated narrative spun by the PR campaign of the Coalition for Patent Fairness (CPF). It might have been more accurately named the “Coalition for Patent Weakness.” That is what its massive PR/lobbying campaign relentlessly sought and the result CPF members ultimately got, including at the Supreme Court. But how did it happen?
As might be the “Markman ruling” a Texas judge is scheduled to render next month in PRKR’s suit against Intel.
The last time a Markman ruling was issued — this one, April 29, in PRKR’s suit against Qualcomm scheduled for trial May 3, 2021 — the market found it encouraging and doubled the stock price.
As always, full disclosure: I own a ton of PRKR — but only with money I can truly afford to lose.
I should also say: lots of lawsuits are frivolous. I hate them. It’s just that, from what I can tell, and like the McDonald’s coffee suit, the ParkerVision suits are not.
Do you like opera?
Here is a fitting two-minutes to end a rough year and start a terrific new one — which is what I dearly hope you have.
Thanks for your readership!
Quote of the Day
The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible.~Yale management professor on Fred Smith's paper proposing a reliable overnight delivery service. (Smith went on to found Federal
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