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John H. Ford
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For the past 30 years, I have been involved in startups, as a founder, and active investor. My first company was purchased by Johnson & Johnson, which set the foundation for future investments. My level of trading escalated after graduating from college, primarily as a result of my... More
  • Vringo Seeking 3.5% Royalty Rate 4 comments
    Oct 30, 2012 12:14 PM | about stocks: VRNG

    VRNG is seeking $493 million based on a 3.5% royalty rate on the 20% extra profit that GOOG allegedly earned while using Vringo patents.

    Vringo is not seeking damages based on Google's $67 billion number.

    Stocks: VRNG
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  •  
    So what is your price target should they succeed?
    30 Oct 2012, 12:47 PM Reply Like
  •  
    That would be $35.
    30 Oct 2012, 01:53 PM Reply Like
  •  
    Wow...I was thinkin $10-$12. $35 Sounds a bit outrageous. Or was that supposed to be funny?
    30 Oct 2012, 01:56 PM Reply Like
  •  
    John, Mr. Kim said that the trial would be over yesterday or noon today. Have you any information about that or the case?

    Thanks, Dave
    30 Oct 2012, 04:47 PM Reply Like
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