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Atlas Shrugged  

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  • 3D Systems: A Sobering Reality [View article]
    I wouldn't essentialize the position to that. I'd rather say that the path of acquisitions of 3D Systems has led to unsustainable and inflated revenue figures at the cost of destroying shareholder value. An acquisition strategy demands expertise in its execution and focus on a specific goal. Having spent some time on 3D Systems, I am of the opinion that the company has neither. Its short-term results are a product of parabolic equity financing and shooting fish in a barrel in a growth industry by acquisition.
    Jan 16, 2013. 02:48 PM | 24 Likes Like |Link to Comment
  • Vringo Vs. Google: An Analysis Of The USPTO Re-Examination Debate [View article]
    Your counterexamples don't disprove anything that I wrote. They merely illustrate that stays of litigation have sometimes occurred in the past, which I understand. Read your examples again. The stays all occurred before a jury verdict was rendered in the cases. The question is not whether stays have occurred in past cases (they have), but rather whether a stay will be granted in this case (with overwhelming probability it will not).
    Dec 17, 2012. 03:40 PM | 1 Like Like |Link to Comment
  • Vringo Vs. Google: An Analysis Of The USPTO Re-Examination Debate [View article]
    Your hypothetical was fleshed in the Appeals Court's decision in the Baxter case linked in the article. No stay was granted. Further, in this article (http://bit.ly/T2Vehp), the main considerations made in previous cases regarding USPTO re-examination and its effect on court proceedings are "Whether discovery is complete and a trial date scheduled;
    Whether a stay would simplify the matters at issue;
    Whether a stay prejudice or disadvantage the non-moving party." Combined with the Baxter case, previous legal precedent on the issue demonstrates that the "circumstance" you outline does not make sense. Because of the long nature of pendency in the USPTO re-examination and the fact that both re-examinations commenced in 2012, a judge would most probably find that a stay would unduly prejudice the patent holder. The PTO Litigation Center (http://bit.ly/V3BUm9) writes, "For many judges, the single most important factor in determining whether to stay a litigation is the pendency of reexamination proceedings. Many judges will not grant a stay because of the length of time required to conclude a reexamination proceeding through all appeals."
    Dec 17, 2012. 02:58 PM | 2 Likes Like |Link to Comment
  • Vringo Vs. Google: An Analysis Of The USPTO Re-Examination Debate [View article]
    Dan, thank you for your response. I think that creating space for arguments on both sides of this issue is pivotal to the development of a reasoned view of Vringo.
    Dec 15, 2012. 08:57 PM | 3 Likes Like |Link to Comment
  • Vringo Verdict And Future Royalties Against Google On Shaky Ground [View article]
    I'm surprised that someone who flaunts his legal degree so incessantly can publish a piece that goes against the grain of basic critical thinking skills. Claiming that the Judge may drag past damages numbers down is a fantasy. Google included the argument in its motion because it cost it nothing to do so, and because it establishes their position on a low baseline. It is however, the definition of a hail mary.

    If you look at the damages Vringo suggested to the jury for each company, each defendant's amount totaled 35% of the original amount pre-laches. Google's number was multiplied by 3.5% instead of that 35% laches adjustment. In doing so, the jury double-counted because the original number provided by Vringo's expert witness clearly had already included the 3.5% royalty modifier. If you think it is more likely that the jury made a mistake on 4 out of 5 defendants rather than 1 out of 5 defendants, if you think it is more likely that the jury interpreted a timeframe of 1 out of 6 years to be 3.5% rather than 35% given Google's growing revenue, and if you think that a judge who sat through all the evidence will see it in your misinformed way, good luck.

    Edit: I apologize that my comment was vociferous. If it weren't for people like you and the weak hands that sell because of people like you, I'd have to buy the stock at much higher prices.
    Dec 5, 2012. 10:34 AM | 22 Likes Like |Link to Comment
  • The New Nokia Lumia Range Of Devices - Has Nokia Finally Reestablished Its Premium Image? [View article]
    solid piece.
    Nov 20, 2012. 05:32 PM | 1 Like Like |Link to Comment
  • The Bear Case Scenario For Vringo [View article]
    thank you all for your comments. On a broad level I believe that the risks inherent in Vringo are much broader and more significant than those contained in the majority of investments. That said I am long Vringo but believe both sides should be considered.
    Nov 19, 2012. 01:00 PM | Likes Like |Link to Comment
  • Vringo Stock Can Only Go Up From Here [View article]
    Good information, but your analysis is sloppy, if not grossly mistaken. And what you characterize as conservative occurrences have embedded risk that you gloss over.
    Nov 17, 2012. 11:26 AM | 3 Likes Like |Link to Comment
  • The Real Truth About Apple's Q4 Results [View article]
    article is on point. thank you for adding something new to the discussion.
    Nov 14, 2012. 04:26 PM | 14 Likes Like |Link to Comment
  • The Catch-22 Of Quantitative Easing, And Why The Market Will Correct [View article]
    Thanks for the comment Hollywood65. Operation Twist is slated to end by December, but does not represent a net purchase of assets. Further significant easing would most probably involve continued buying of Treasuries. However, this strategy has already succumbed to a lower marginal effect.
    Nov 13, 2012. 10:32 AM | Likes Like |Link to Comment
  • The Catch-22 Of Quantitative Easing, And Why The Market Will Correct [View article]
    I think it has more to do with an organic rebound in housing due to historically low supply and interest rates. QE3 will continue the latter trend. As far as equity, my position is that the market is artificially inflated and can't float forever.
    Nov 12, 2012. 12:57 PM | Likes Like |Link to Comment
  • The Catch-22 Of Quantitative Easing, And Why The Market Will Correct [View article]
    The market has already absorbed QE3 into its expectations. Future easing is more the question I think.
    Nov 12, 2012. 11:13 AM | 1 Like Like |Link to Comment
  • The Catch-22 Of Quantitative Easing, And Why The Market Will Correct [View article]
    Thanks for the comment Steve. I think what you mention is one cause of the divergence between inflated consumer confidence and business outlook by companies: http://bit.ly/SWVsHj
    Nov 12, 2012. 10:26 AM | 1 Like Like |Link to Comment
  • Vringo Vs. Google: What Will Follow The Jury's Verdict [View article]
    best of luck to you
    Nov 8, 2012. 08:39 PM | Likes Like |Link to Comment
  • Vringo Vs. Google: What Will Follow The Jury's Verdict [View article]
    Because I have research to support my position: http://bit.ly/SFy5je
    Nov 8, 2012. 01:50 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
69 Comments
158 Likes