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Openwave (OPWV) finished up 30% on the day after filing suit against AAPL and RIMM. Wedbush...
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Wednesday, August 31, 2011, 5:23 PM ETOpenwave (OPWV) finished up 30% on the day after filing suit against AAPL and RIMM. Wedbush estimates Openwave's patent portfolio is worth roughly $100M, and speculates Google (GOOG), which wasn't sued, could be in talks with the company. Even after today's rise, Openwave only has an enterprise value of about $66M.
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