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A few years after inventor Mark Bloomfield founded AudioFax Inc. he faced a dilemma: A Los Angeles company called F-Mail Associates had patented the technology he was selling. Bloomfield could have cut his losses and walked away from the market. Instead, he doubled his bet. He bought F-Mail's patent and began licensing it. The gamble has paid off. Sometimes, being kind and gentle pays dividends.
April 23, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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