It is certainly possible that the judge will set a trial date at the CMC, and that would probably be worth a PR although both parties would then likely ``spin`` it to their respective benefit. I think a spike in the price is unlikely just because a trial is set, but even if that should occur, it is obviously nothing like what we would see if actual ownership of the patent is ever decided in favor of PTSC.
Most judges will at least ask the parties at the CMC about a time frame for the trial, but in the final analysis, the judge will set the date and move on. Since the CMC on Friday is stated to be a ``further`` conference, it seems to be that we are much closer to the judge taking action to set a trial date than we have been before. It is always possible that one side or the other will raise difficulties that have transpired since the last CMC as a reason for additonal delay, but most federal judges won`t listen to that kind of stuff forever.
As indicated before, I think it likely that a trial date will be set during or before Summer 2005. In any event, we should know something soon.
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