Seeking Alpha
View as an RSS Feed

Chris Grunewald  

View Chris Grunewald's Comments BY TICKER:
Latest  |  Highest rated
  • Vringo: Not Going Anywhere Fast [View article]
    Confirmation bias here. CFO's with M&A experience (especially after working with a Big 4 firm + corporate) are a dime a dozen.
    Apr 29, 2013. 09:27 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Hi Yvette,

    Pursuant to FRCP rules there is no penalty for a judge breaking a deadline; he can take as long as he wants/needs to rule on any outstanding motion.

    And I believe the time has passed for independent post-trial motions.. the ones now are just dependently related to the outstanding ones. Someone can feel free to correct me on that if that's not the case.

    CG
    Apr 29, 2013. 09:25 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Thanks for the read & the kind words.
    Apr 29, 2013. 09:22 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Can I borrow your time machine, then?
    Apr 29, 2013. 09:22 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    I think people are looking at this one sided; the better question is, why is Ellen Cohl leaving? No reason was included for her departure. Many CFO's have M&A experience; those are a dime a dozen.
    Apr 29, 2013. 09:21 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    How do you define decent? What is actually occurring, or the pie-in-the-sky article about what you want to hear? I prefer the former.
    Apr 26, 2013. 09:29 PM | 1 Like Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Ha ha ha
    Apr 26, 2013. 09:26 PM | 1 Like Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Thanks for the kinds words FC.

    And I think a scorched earth policy describes it perfectly. Basically throwing anything out to see if it sticks. Whether that be saying they have a workaround, needing even more delays, etc.

    I see it largely unchanged. The key issues will be laches, jury transposition error, prior art invalidation, and by association w/ transposition error, the revenue base. In the end I think the jury error gets changed and V gets 3.5% of 20.9% of 50% of G's revenue. Some of this was discussed in my past article. But of course a lot can happen in the meantime. Looking forward to the final conclusion of royalty base/rate to further analyze...

    CG
    Apr 26, 2013. 09:25 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Thanks for the kind words! And 200mm is definitely possible w/ willful infringement. Doubt it would be counted in a settlement though.
    Apr 26, 2013. 09:15 PM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    EXP,

    Thanks for the comment(s). I'll try to address all points.

    Point 1 -> Negotiating a settlement versus achieving one are two different beasts. Remember how GOOG and VRNG were negotiating pre-trial (although it wasn't voluntary). With a couple years until their approximate court date, Microsoft has time to wait and analyze how the Google case plays out. This is what I am guessing.

    Point 2 -> Too many "maybe this will happen that makes this a possibility that may cause this to happen." Many CFO's (especially one with Big 4 experience) have M&A experience.

    Point 3 -> Getting compensated extremely highly doesn't hurt. The better question is why is Ellen Cohl leaving?

    Point 4 -> Getting updated to a new exchange isn't a share catalyst (unless it's OTC to something major).

    Point 5 -> Always an MM specialist right? Never people wanting to sell shares? :)

    Point 6 -> This article has a more rounded focus, not just on Google.

    Point 7 -> I assume you are talking about the NOK patent portfolio? You cannot place a realistic, set-in-stone value based on patents due to all the dynamic variables (just look at Google case; originally went for 696mm and got 31mm.)

    Point 8 -> BlackRock is smart. Best point here! Although their funds typically have a low turnover rate though.
    Apr 26, 2013. 09:14 PM | 1 Like Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Thanks for the kind words PP. Unfortunately many longs argue because they don't support something that is overwhelmingly 110% bullish. Oh well.

    Looking forward to your impending one as well.

    CG
    Apr 26, 2013. 07:41 PM | 1 Like Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Oops. Thanks for the catch. Will correct.
    Apr 26, 2013. 07:38 PM | Likes Like |Link to Comment
  • Google Values Vringo At $200 Billion [View article]
    Hey Justin. Thanks for the article, well-written. Just keep in mind that the jury *recommended* the 3.5% royalties on x% (realistically either 2.8% or 20.9%, representing the value added from Lang's IP) of GOOGs domestic revenue (approximately 50% of total revenue). Far from a done deal, as jury has no jurisdiction to determine future royalties.

    CG
    Apr 21, 2013. 12:23 PM | Likes Like |Link to Comment
  • Google Claims To Have Defeated Vringo Search Patents [View article]
    Thanks for being honest PP. I appreciate the honesty (which is something many VRNG'ers don't have).

    However, I view this statement similarly to Vringo saying they are not an NPE. No dice.

    James Altucher (who, outside of being an overly optimistic VRNG bull, has a highly distinguished computer science background) said that there was not a very large chance at all in Google designing a workaround.

    I am not Nostradamus or a coder, but this all might just be more lawyer posturing.

    CG
    Apr 16, 2013. 08:33 PM | 5 Likes Like |Link to Comment
  • Why Microsoft's Investment History Suggests Major Upside For Vringo Shareholders [View article]
    This article is filled with a lot of unrelated hoopla that really has no meaning on the underlying stock at hand, Vringo. How do you assert a $7.5-$11 valuation with this proposed MSFT partnership (without getting into any fundamental specifics whatsoever)? How would you value the actual MSFT case, considering we haven't even seen alleged damages amounts?

    Another interesting excerpt, "When they are proven wrong, through Vringo creativity in their strategies moving forward, we will see multiple sharp increases in the share price of VRNG." ... Unless you have the jurisdiction of Judge Jackson, this is another arbitrary, pumping statement. Let's add in some relevant concrete analysis on these overly bullish articles, gentlemen.
    Apr 15, 2013. 06:48 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
121 Comments
53 Likes