You are right of course...
I am surpriused by the fact that most of the responders to may post of last night have latched on to the 75% figure as what they perceive to be the chances of DM delivering positive results...
Of course this is totally inaccurate...
The article describing the mechanics of how DM goes about in deciding whether or not they get involved in a case on CONTINGENCY FEE BASIS mentioned the 75% number as the threshold describing the collective judgment of "CONTINGENY FEE COMMITTEE", (which you can be certain is comprised of the top senior partners of the DM), that the case under scrutiny is a "GOOD CASE", and at least has a 75% chance of generating FEES big enough to justify DM accepting it it on a CONTINGENCY FEE BASIS...
In addition, in EDIG case DM also agreed to fund all the COSTS, that's how certain they were of the "SUCCESS" in their representaion of EDIG. In lawyer jargon, they saw "CLEAR AND CONVINCING EVIDENCE", or an 85-90% chance of success, that EDIG was going to be the greatest cash case in the history of the law firm, warrenting DM sticking their professional, and fincancial NECKS out they way they have done.
I am telling you all, in the real life practice of law there are very few cases that will make lawyers, (especially, big law firms), ADVANCE the COSTS that can easily reach in millions, unless they can SEE GREEN at the end of the Rainbow...
DM got in the case in May 2007. The charts show that EDIG pps shot up to $.28 then. Everything DM has done since has been a vindication of the the fact that they beleive EDIG is a BIG ACCOUNT warrenting what ever is needed to get that 85-90% success rate...
They recruitted some of the best in the IP litigation field to come to their side. Check my post of 9/11/2007 at 12:14 P.M., where I discussed the significance of DM being able to entice WOODY to leave a lucretive and productive practice defending big corporations sued and coming to DM to head their IP division. Just think what would it take to entice people like WOODy and Doug Olson, (California Rainmaker of the year), to leave a prosperous practice and come over to DM?!?...
Whatever DM has been doing since May 2007 has been consistent with my original assessment that they are in it for good, and they have been doing all the right things to get the pieces in place for a WIN strategey that is heading for the POSITIVE MARKMAN HEARING this year...
We know the dynamics of the rise and fall of the pps depend on the number of shares traded. When you see the numbers going into million shares traded in a day, that is when we see see the pps rise. And there is no question that a poistive Markman Ruling will have the impact on daily trades...
GLTA...
Gil...
