Seeking Alpha
  • Paulo Santos
    The problem with VRNG is that it will only get the money from past infractions, and that's too little.
    11/6/12
    Reply (22)
    • Paulo Santos: GOOG will obviously work around the patent for the future, and thus minimize future payments.
      11/6/12
    • Paulo Santos: As such VRGN is probably heading a lot lower.
      11/6/12
    • Droney: Highly doubt it. If it was that simple GOOG would have done it way before now. Why would a company with 45B in cash risk changing
      11/6/12
    • Droney: the system that drives their revenue to avoid paying a few hundred million in royalties. Google managment is not that moronic.
      11/6/12
    • Tradevestor: Paulo- what about the 3.5% future royalties
      11/6/12
    • Paulo Santos: Tradevestor, that's what I am talking about - the 3.5% are on future royalties, but GOOGL will work around those.
      11/6/12
    • Paulo Santos: The patent doesn't seem central to AdWords in such a way that it can't be avoided...
      11/6/12
    • Droney: You may be right. Time will tell...
      11/6/12
    • Tradevestor: Paulo - Just playing devil's advocate here - What google has been doing for so many years has clearly worked and got them billions.
      11/6/12
    • Tradevestor: Do you think they would risk their bread and butter to avoid this tiny 3.5% payment ?
      11/6/12
    • Paulo Santos: The patents are not on the whole process, just is some very minor parts of it, for $400 - $500 million, for sure GOOG will revise it
      11/6/12
    • Paulo Santos: I think VRGN will easily trade below $2.50 on this.
      11/6/12
    • Droney: No...
      11/6/12
    • Paulo Santos: VRNG will ultimately collect not much more than the $30 million. I wonder if GOOG will announce when they work around, though
      11/6/12
    • Paulo Santos: If GOOG doesn't announce hopes can be maintained higher for longer.
      11/6/12
    • Tradevestor: What about any future court cases ? This is a pure spec play and not an investment as most people know.
      11/6/12
    • Tradevestor: My point is, we cant really say this one goes below $2.5 or goes to $5. Sure, it will do both
      11/6/12
    • Paulo Santos: Yes, it can do both, but $5 value it at what, nearly $500 million? GOOG was the main case ...
      11/6/12
    • Maria Auziliadora: 5 - 6 ad it will be bought it
      11/6/12
    • Maria Auziliadora: GOOG more stingy than GOOG
      11/6/12
    • Revanche: :/
      11/6/12
    • Maria Auziliadora: This company has mny other good surprises it if goes at 2 I will buy tons of shares but i Doubt tht will happen
      11/7/12