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Dustin Moore

 
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  • Turnaround Happening At magicJack [View article]
    Nice post. Why the lack of much (or any?) discussion of wireless 4G data access? I'm assuming that isn't a focus any longer.
    Aug 20 02:27 PM | 1 Like Like |Link to Comment
  • Turnaround Happening At magicJack [View article]
    One issue I'm having..so the active user base DROPPED Q/Q, as did the rate of downloads as well. Management blames this on making users register. But if asking users to register for free caused such a drop, what will these users do when the company starts asking them for money to use the app?

    That said, much risk is removed at these prices and, if they can stop the bleeding, there is decent upside.
    Aug 19 08:53 AM | 2 Likes Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    In the middle of something else. I'll get back to you.
    2 quick points:
    1. Revenues were high with Cisco took license (upfront payment of $32M helps) Since, they are focused on the rest of the industry titans. HPQ, Dell, etc. Those will boost revs far above last 2 years.
    Even still, ongoing royalties from existing clients hit a high last Q.
    2. Patent assertion company can't be looked at with same lens as other companies in other types of businesses. Revenues will be uneven.
    Jun 5 03:52 PM | Likes Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    That is the vibe I have gotten from mgmt in the past. I don't see any pretensions, SEC filing, etc, that discuss any goal or even starting a process to move to a higher exchange.
    Jun 5 02:59 PM | Likes Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    I'm not sure if uplisting is a company focus at this time.
    Jun 5 11:54 AM | Likes Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    Perhaps we'll see more coverage of the company soon.
    Jun 5 12:14 AM | Likes Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    Thanks for the support. I'm glad you found value in it.
    I think the stock price has some support here with share repurchase program, maybe room to run a bit w/o news. It's thinly traded so we'll see.
    Jun 5 12:13 AM | 1 Like Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    Totally agree Barry. Horowitz finding and extracting value from the RP Patent is no coincidence. He knew what he was acquiring and has proven his is able to monetize..
    Jun 4 03:15 PM | 1 Like Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    CEO: "...yet another increase to our repurchase program to benefit shareholders at a time when we believe our stock is undervalued"
    Jun 4 01:28 PM | 1 Like Like |Link to Comment
  • Network-1 Solidifies Patent Validity; Launches Audit Against Cisco [View article]
    Breaking: Network-1 Increases Share Repurchase Program, authorized to repurchase up to 1/5 of shares outstanding. Should really help to further support stock price.
    http://bit.ly/1hziVOi
    Jun 4 01:27 PM | 1 Like Like |Link to Comment
  • magicJack Hitting Headwinds Of Slowing Growth And Competitive Pressures [View article]
    Thanks for an article with actual facts and math. I do have a slight disagreement on your stance regarding deferred revenues.

    I get that sales have declined Y/Y. But the 2012-2013 y/y change for example was only "$10.7 million decrease in deferred revenues as a result of less sales of magicJack devices". I agree it sales likely continue for fall into 2014.
    I actually think the deferred revenues make MJ a LESS risky investment because even with a dip in sales, the company will still realize a fairly large amount of essentially guaranteed revenues over the next 5 years:

    2014
    $ 54,541,000
    2015
    22,212,000
    2016
    14,813,000
    2017
    11,312,000
    2018
    5,873,000
    Thereafter
    5,741,000
    $ 114,492,000 in future revenue. This does no include any future sales.

    And that picture doesn't look particularly different from the previous year. At least not as negative as you paint IMO.

    2013
    $ 67,038,000
    2014
    21,320,000
    2015
    14,169,000
    2016
    9,961,000
    2017
    6,518,000
    Thereafter
    6,197,000
    $ 125,203,000

    Meanwhile the company works to monetize its app (for future growth), which is the real risk in this investment IMO.
    May 1 09:49 AM | 1 Like Like |Link to Comment
  • Parametric Sound Announces Closing of Common Stock Offering [View article]
    Geez. I think this could be considered stealing.
    Apr 30 01:25 PM | Likes Like |Link to Comment
  • Quick Thoughts On VirnetX's Recent Order On An Ongoing Royalty Rate [View instapost]
    My only guess is that it is speculating about CAFC..
    I don't see how Order for Ongoing Royalty can be construed as negative.

    I fact, nobody can tell me how it would be.
    Mar 7 09:50 AM | Likes Like |Link to Comment
  • USPTO Director: Examiner Must Address VirnetX Expert [View instapost]
    Yes. He is 0 for 4
    You can't seriously disagree with someone point by point for 130 pages straight.
    In fact, in the case of Cisco, on a few claims his rationale was so far removed from the original rejection that the Director considered it a new rejection entirely and is forcing him to re-respond there as well.
    Feb 28 05:02 PM | 2 Likes Like |Link to Comment
  • USPTO Director: Examiner Must Address VirnetX Expert [View instapost]
    I should note, this was VirnetX's second attempt to get the testimony on record. Complete reversal for the Office..from December:

    http://bit.ly/1kxDIyH
    Feb 28 04:44 PM | 1 Like Like |Link to Comment
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