Thats all I said it was. I didn't verify amything yet. I am checking into it. I keep receiving emails about it. When I called the company they said they were about to unveil a bombshell on SAP. I asked what it was , but they said it would be released in a press release not too long from now. This confirms Roland's post on the TEKC board. I don't remember who called me an ass, but if I saw them , I would take their foot, shine it up real nice AND STICK IT STRAIGHT UP THEIR CANDYASS!!!!!!!!!!! ( sorry finance111, had to steal one of your lines form the TEKC board, love that WWF humor)
" You know what you and SAP can do with those lawyers after they lose the lawsuit?....... YOU CAN SHINE THEM SONS OF A BITCH UP REAL NICE AND STICK THEM STRAIGHT UP YOUR CANDYASSES!!!!!!!!!!!!!!!!!!! "
I have personally spoken to TEKC management (at annual meetings) and they are quite confident it the validity of their patents. Two years ago they were able to convince Trilogy Development (parent co. of PCOR) that licensing of one of those patents was worth $1.4 million. Between the years of 1981 and 1992 TEKC lost $80 million, but during that period they obtained 8 software patents that were way ahead of their time. TEKC management is going to make SAP the test case on 2 of them. After that they have other infringers to go after.
... makes me think that this is yet another vulture-style company that tries to feed on already successful companies by using some dubious patents registered in the US. Then again, I have to admit that I have no idea about these 'software patents' TEKC has and I'm no lawyer either (thanks God). So can someone explain what exactly is this patent about and why would this be good 'to go after infringers'? The only thing I heard that these patents are about some kind of an 'executive management software system' (this is probably incorrent but something along these lines). This sounds to me like if someone would register a patent for 'computer' or 'car' or 'game software' and then go after companies who build any kind of a computer or a car or program a computer game. Business software systems were on the market for a very long time, why can some company register a patent that covers such a thing? And why did they wait until now to announce their intent to try to get money out of other companies? Is this not frivolous to do (even if they are right about these patents)? You can see, I don't know anything about these questions so someone with insight please explain.
I suggest all you TEKC hypers (maybe just one person with multiple IDs) buy lots more TEKC shares, and get rich quick. Why you have to post this HERE again and AGAIN, I don't know. If it is to convince more people to buy TEKC and drive up the price, maybe you can explain first why this incredible company with it's incredible patents and incredible money coming trades at a 52 week low, with a volume of just 14000 shares or $50K per day ?