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Message: BaNosser / Re: Upcoming 10K--patientman.
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Jan 07, 2008 09:55AM
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Jan 07, 2008 01:00PM

First off congrats on your 'Ducks win.  As for me, I'm a fan of the hockey team with the Greatest Hockey Player in the WORLD!  How 'bout that Sid the Kid!

 

As for Philips, while TPL apparently asked for $22M, I'd expect that was a high target, with them expecting to negotiate down from that.  So if Philips indeed signed for less, as long as it's not substantially less, I think the fact that they wanted to get it done BEFORE trial/settlement does support TPL/PTSC having a position of strength.  I'd say $15M or more would confirm that IMO, and $10M or less would really make me question whether or not we are really settling for "nuisance fees".  But I certainly wouldn't doubt that TPL/PTSC could have used a fee less than the $22M to entice Philips to sign rather than chance post trial/settlement fees at a higher rate.  As long as they didn't give away the farm, I think Philips agreeing to MILLIONS, as long as they're near the $22M, still shows strength, or perhaps more properly stated, doesn't show weakness from TPL/PTSC.

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