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Vringo (VRNG) subsidiary I/P Engine settles with Microsoft (MSFT) to resolve patent litigation...

Vringo (VRNG) subsidiary I/P Engine settles with Microsoft (MSFT) to resolve patent litigation pending in federal court. Shares +11.9% premarket. (PR)
Comments (15)
  • BTM
    , contributor
    Comments (376) | Send Message
     
    Yeah!!!
    30 May 2013, 07:46 AM Reply Like
  • ClintH
    , contributor
    Comments (98) | Send Message
     
    11% that's all the stock moves?
    30 May 2013, 07:54 AM Reply Like
  • Leont68
    , contributor
    Comments (1365) | Send Message
     
    hell yeah!
    30 May 2013, 07:54 AM Reply Like
  • monumentalgains
    , contributor
    Comments (227) | Send Message
     
    Clint, that's only the beginning! Get on board before it's too late.
    30 May 2013, 07:57 AM Reply Like
  • Leont68
    , contributor
    Comments (1365) | Send Message
     
    So a million dollars right now and then 5 % of what google pays. and MSFT is giving them 6 msft patents
    30 May 2013, 08:03 AM Reply Like
  • RacerX1225
    , contributor
    Comments (126) | Send Message
     
    Please explain that. Thanks.
    30 May 2013, 09:15 AM Reply Like
  • AuZ
    , contributor
    Comments (3) | Send Message
     
    @Leont68 - what is your source? How does that work with respect to royalties, if any?
    30 May 2013, 09:15 AM Reply Like
  • Leont68
    , contributor
    Comments (1365) | Send Message
     
    @racer and auz. It's in the 8-k http://bit.ly/16s8rdq

     

    I am not a patent expert, just a fellow investor. I am sure someone will write a article to analyze this soon
    30 May 2013, 09:18 AM Reply Like
  • silverscreen
    , contributor
    Comments (189) | Send Message
     
    That 5% clause creates so much uncertainty. I wonder what those 6 patents are. Maybe MSFT is overtly attacking GOOG (and others) via VRNG.... this is so fun to watch.
    30 May 2013, 09:33 AM Reply Like
  • strougo
    , contributor
    Comments (95) | Send Message
     
    Google should google the settlement and settle instead of trying to overwhelm the vringo in expense by the Patent laws the jury findings the judge and the appeals process...google bought companies just for patents in the past but now just kill the small patent holder?
    30 May 2013, 08:09 AM Reply Like
  • timwright12
    , contributor
    Comments (6) | Send Message
     
    This is such a hard stock to trade with, the second it spikes, people start bailing and it drops. I think it peaked at close to 14% premarket and is already down to 9% (as of 8am Eastern).
    30 May 2013, 08:45 AM Reply Like
  • Leont68
    , contributor
    Comments (1365) | Send Message
     
    I sell puts, the moment it spikes I buy those puts back and then I sell new ones at different price points or different expiration dates.
    30 May 2013, 08:47 AM Reply Like
  • lucanatasha
    , contributor
    Comments (6) | Send Message
     
    i fervently hope that Vringo longs do not suffer their usual attack of the vapours and unload as soon as the first negative comment appears re this apparent settlement.
    30 May 2013, 09:15 AM Reply Like
  • holydawn
    , contributor
    Comments (135) | Send Message
     
    Doesn't the fact that they settled set a precedent for what Vringo is willing to accept from Google? This seems to set a floor for the stock price.
    30 May 2013, 11:25 AM Reply Like
  • Leont68
    , contributor
    Comments (1365) | Send Message
     
    Seems to me that this settlement means that the patents are enforceable, hopefully this will be a catalyst of some sorts.
    30 May 2013, 03:43 PM Reply Like
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