Seeking Alpha
  • Alan Brochstein, CFA
    If Dan Ravicher is correct, then $VRNG is a turd, collecting roughly $125mm and not $500mm in future royalties
    11/6/12
    Reply (15)
    • JMattius: Of course he is touting a lower damage amount. He is short. Rumours are out right now that jury miscalculated past damages. Lot of FUD.
      11/6/12
    • JMattius: Hold your shares people. Does Google really want VRNG suing all of their customers? Pretty bad business for them despite getting off easy
      11/6/12
    • Alan Brochstein, CFA: So, all positive statements by longs should be disregarded too???
      11/6/12
    • JMattius: To a point. $100 pps is outrageous. Use your head and find the middle ground. Today was a big win and the is now a future for this company
      11/6/12
    • Alan Brochstein, CFA: The middle ground was 5 and now it's 3. The previous boundaries were 1+ and 10, but they fell to1+ and 6 after the laches ruling
      11/6/12
    • JMattius: Agreed short term it is not the ten bagger some people are touting. But future lawsuits. Patents are valid. There is value here. NOK too
      11/6/12
    • Alan Brochstein, CFA: Well, there is value, but likely a little lower. Cash, future income, potential appeal all point to floor of 2 or higher
      11/6/12
    • JMattius: Time will tell. I am holding and will let the dust settle. I can always bail if it starts heading south. Not much on the line for me.
      11/6/12
    • lncall: Your forgetting one thing. You talk about all this DD you have done, but explain one thing to me. Why is Google charged to only pay 2x AOL
      11/7/12
    • Alan Brochstein, CFA: I don't talk about all the DD I have done, and that is a good question. I am not a legal expert. There may be an error.
      11/7/12
    • Not Rich: Excellent point. How is it that AOL, whose original assessment is less than 1/20th of Google's, ends up paying 7.9M while Google pays 15.8M?
      11/7/12
    • rehman.u: Exactly! that 15.8M is suppose to be 158M actually
      11/7/12
    • Alan Brochstein, CFA: May not matter - Dan Ravicher sez "Too Bad". Would love to hear other legal experts chime in
      11/7/12
    • SteveKimLaw: It may be "too bad," but Ravicher's use of the same number to extrapolate future royalties is nonsense.
      11/10/12
    • Alan Brochstein, CFA: SteveKimLaw, I no longer believe that Dan is correct on his damages projection
      11/10/12