A Blowtorch Is A Wonderful Thing. You

Bill, We Left Megalomania Behind A Long Time Ago. Now We Are Gigalomaniacs.

Microsoft, Apple, Facebook All Bought Huge Patent Portfolios To Further Their Strategic Game. They're Doing What I'm Doing!

We're More Familiar With What Economists Call An English Auction - Prices Start Low And Rise As People Bid. However, There Is Also The Dutch Auction, Where Prices Start High And Go Lower Until Somebody Bites. Movies Are Sold To The Audience Via A Very Slow Dutch Auction, Where Each Phase Between Price Drops Can Last Weeks Or Months.

In Market Research I Did At Microsoft Corp. In The Early 1990s, I Estimated That The 'wall Street Journal' Took In About 75 Cents Per Copy From Subscribers, $1.25 At The Newsstand And A Whopping $5 Per Copy From Ads. The Ad Revenue Let Them Run A Far Bigger Newsroom Than Subscribers Were Paying For.

The Next Purchase Is Too Little Too Late. Apple Is Already Dead.