Seeking Alpha

Vringo ticks higher after settling with Tyco

  • Vringo (VRNG +1.8%) discloses it has settled its U.S. and German IP suits against Tyco. Terms are confidential.
  • Vringo sued Tyco last September, alleging the company's products (along with ADT's) infringed a remote monitoring/surveillance patent Vringo acquired in 2012 through the Nokia deal.
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Comments (75)
  • LYogi
    , contributor
    Comments (2650) | Send Message
     
    how long can the terms remain confidential for? these are two publically traded companies...
    30 Apr 2014, 01:50 PM Reply Like
  • BIGGS48
    , contributor
    Comments (13) | Send Message
     
    Terms confidential?????? The ONLY reason folks invest in VRNGO is because of it's patents and the arms length list of lawsuits that are basically the ONLY catalyst for shareholders to make money. Are they kidding? What kind of stupid game is this. I'm out!
    30 Apr 2014, 02:12 PM Reply Like
  • Redangus
    , contributor
    Comments (65) | Send Message
     
    Those who criticize the company because of the settlement obviously are trying to dilute the good news. If the settlement were announced as a lump sum, they’d object that it should be periodic. If periodic, they’d complain it should have been one lump. If a combo, they’d complain the settlement was too low. If high, they’d argue that the attorney fees and taxes make the settlement worthless. If the settlement terms are confidential (at least for the time being) they complain that because of the confidentiality they haven’t been given the grounds for complaining. It’s all so obvious and boring.

     

    They say they’re baling, they’re out, they’re selling, they’re finished. Who cares? Who among us acts based on such obvious obfuscations? Nobody, of course.
    1 May 2014, 08:24 AM Reply Like
  • caddy311
    , contributor
    Comments (154) | Send Message
     
    confidentiality = common practice with settlements. nothing to freak out about here. keep your expectations in check
    30 Apr 2014, 02:14 PM Reply Like
  • Budavar
    , contributor
    Comments (1396) | Send Message
     
    If all the lawyers can come up is a shortshort PR on a "favorable"development... it?)
    is it time to bail out of this thicket of secrecy?
    30 Apr 2014, 05:38 PM Reply Like
  • Hanson So
    , contributor
    Comments (52) | Send Message
     
    Does "confidential" means they didn't win a big settlement?
    1 May 2014, 04:19 AM Reply Like
  • 1isaac
    , contributor
    Comments (44) | Send Message
     
    They are confidential so as to not disclose the terms to the other litigants.....Grow up and realize the bigger picture!
    30 Apr 2014, 02:18 PM Reply Like
  • LYogi
    , contributor
    Comments (2650) | Send Message
     
    ok but at some point the terms have to be reported do they not?
    30 Apr 2014, 02:20 PM Reply Like
  • Patent Plays
    , contributor
    Comments (959) | Send Message
     
    The Vringo Patents covering the infringed would apply to the similar ADT Pulse product. TYCO and ADT were 1 company prior to 2011. TYCO retains the ADT name in its European operations. The GSM Mobile product is applicable to estimates of up to 20% of the retail monitored sites. Both TYCO and ADT have a combined 20 million monitored sites. It is estimated that the infringement could cover up to 4 million sites. The infringing products are known to be combined or bundled with other service offerings. Best analysis suggests that the "on-going royalty" could be as high as $1 per site per month. Notwithstanding past infringement, Vringo could gross as much as $48 million per year, between both settlements.
    30 Apr 2014, 02:21 PM Reply Like
  • vitosoranno1
    , contributor
    Comments (1491) | Send Message
     
    Hi Patent Plays.

     

    Thanks very much for clarifying the settlement. Do you have any insight into how long the affected patent(s) have to go before expiration? These are Nokia patents whereby Nokia gets a piece of the income flow after the first $25 million.

     

    Let's see -- a $48 million per year settlement -- and Vringo has 112 million fully diluted shares -- amounts to about 46 cents per share. Not a bad beginning when one considers the several other lawsuits are in the works and that some have already been settled without disclosure of the details -- but certainly will result in income to Vringo. In fact, not bad at all for a $4.00 stock.

     

    I can't wait to see the financial statements as this year progresses.

     

    I added to my already substantial holdings of stock and warrants this afternoon, and will continue to do so at Vringo's incredibility current bargain low price. As the stock approaches $5.00, the warrants are becoming even more appealing.

     

    The time is rapidly approaching when this stock is really going to POP!!!

     

    Cheers!
    30 Apr 2014, 04:06 PM Reply Like
  • Budavar
    , contributor
    Comments (1396) | Send Message
     
    For a genuine pop we need genuine news.
    Disclosure: I own both stock + warrants but considering selling
    if this secrecy = for which no excuse is given by management = persists.
    30 Apr 2014, 05:42 PM Reply Like
  • Tech Analysis Group
    , contributor
    Comments (2) | Send Message
     
    This stuff really deserves a PR and or analytic article. The street is discounting the enormous reward because only lawyers and VRNG followers are understanding the potential.

     

    Anybody up for writing a breakdown of potential revenues comparing to similar licensing deals within the industry?
    1 May 2014, 02:09 AM Reply Like
  • Hanson So
    , contributor
    Comments (52) | Send Message
     
    I can work with someone on this or take care of this
    1 May 2014, 04:20 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    It sounds good but show me the money !!!
    30 Apr 2014, 02:46 PM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    My head may explode before may 6 ! Why ??
    30 Apr 2014, 02:46 PM Reply Like
  • Revisions
    , contributor
    Comments (2) | Send Message
     
    This could push ZTE to settle. Encouraging is that their court date in Germany was mutually postponed. This could mean they are in negotiations. If they settle with ZTE, the pressure will be on Googles and others to settle.
    30 Apr 2014, 02:46 PM Reply Like
  • xamd
    , contributor
    Comments (625) | Send Message
     
    Patent Plays.
    You said, "could be as high as 1 dollar". Would logic say that if they settled confidentially and I would assume mutually, it would probably mean that Vringo settled on something less than the "high". Lets just say half the high, so 50 cents? So 24 million? Im speculating of course, but plausible? Thanks for your explanation by the way. Sounds good.
    30 Apr 2014, 02:56 PM Reply Like
  • Patent Plays
    , contributor
    Comments (959) | Send Message
     
    @Xamd

     

    Typically past infringement is reduced thru settlement, and on-going and future infringement is preserved.

     

    The ADT Pulse product is gaining traction, primarily thru US and European consumers giving up their land lines in favor of VOIP (ie; NON Local Exchange Legacy Providers AT@T, Verizon and Ma Bell Companies).

     

    They have to migrate to GSM Monitoring (Cell) as a condition of being able to be monitored, when VOIP is employed.
    30 Apr 2014, 03:22 PM Reply Like
  • hafen
    , contributor
    Comments (65) | Send Message
     
    As a lawyer, I both understand and am appalled at the confidential aspect of the settlement, at least a total silence. VRNG shareholders have been waiting a long time for even the aroma of money, it's not fair to us that there isn't some meaningful expression of the disposition. A confidential aspect could just as easily mean that VRGO paid Tyco for suing them as it could that Tyco paid in full every last cent.

     

    I would hope that VRNG is able to disclose enough real details of the disposition so as to enable the shareholders and the marketplace to properly and accurately evaluate the value of the VRNG stock.

     

    While the likes of Walmart might not want to disclose what it pays for lemons, at least it reports the profit it makes as a result of its sales......lawsuits are inventory of VRNG, we need know the outcome.

     

    I think the VRNG guys know that.
    30 Apr 2014, 03:40 PM Reply Like
  • Budavar
    , contributor
    Comments (1396) | Send Message
     
    Amen to that!
    30 Apr 2014, 05:44 PM Reply Like
  • rickeespal
    , contributor
    Comments (266) | Send Message
     
    The good news about this is, stock dilution is pretty much zero percent chance now. And they can get ready to turn more litigation into reality.
    30 Apr 2014, 04:59 PM Reply Like
  • AdrianBH
    , contributor
    Comments (21) | Send Message
     
    I agree with others here. A confidential settlement agreement is of zero value to investors, either as individuals or institutions. A company's stock value must have methods for measurement, sales, costs, profits, etc. If VRNG cannot report it's perceived rewards, through court findings or settlements, as they are confidential, then how does one measure value? The VRNG-TYCO win means everything to TYCO and Zip to VRNG.---- As the public and shareholders go.

     

    Tyco infringes (steals from) VRNG and has to admit NO PUBLIC GUILT. Plus they take NO HIT on their stock price!!

     

    And conversely, VRNG gets no REPORTED rewards for winning against these stealers, either in positive news or a boost in stock value because nobody knows what they won. Only another boost in hope, which also can't be measured!

     

    All 3 VRNG wins now have been this way. Microsoft, ADT and now TYCO. Will ZTE and GOOG also follow in this way where confidential precedents have already been set?

     

    This is unacceptable to all investors!! How is that a benefit to people who have invested million $$$ for two years waiting out long drawn out court cases to end in verdicts that are continually appealed??
    And VRNG's winning of settlements out of court is determined to be confidential??

     

    What's Cliff's answer to the investment community on that?
    30 Apr 2014, 05:14 PM Reply Like
  • husein zaidi
    , contributor
    Comments (5) | Send Message
     
    when settling a dispute both parties lose some and make some. vrng saved money on litigation expenses, I am pretty sure they must have settled at least for 50 to 60 % of their original demand + if TYCO wants continue to use their patents they pay the royalty at a current market price. Not a bad idea I guess.
    30 Apr 2014, 05:19 PM Reply Like
  • eldongeb
    , contributor
    Comments (14) | Send Message
     
    I am confdent VRNG will pay off for all of us. Maybe not as fast as we want it to.

     

    Hebrews 11

     

    Now faith is confidence in what we hope for and assurance about what we do not see.
    30 Apr 2014, 05:35 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    Revisions

     

    Sorry, but I don't think they are negotiating. Main reason is they (the lawyers) can not be in two places at once. I believe they had a April 30th and May 6th dates to be in court with two different companies in two different countries. I am sure that they will not be just one day hearings. Just my thoughts...John
    30 Apr 2014, 05:38 PM Reply Like
  • Budavar
    , contributor
    Comments (1396) | Send Message
     
    Is it time to consider bailing out,
    When deal details are just not given out?

     

    Secrecy is Putin's dirty life style
    From which Vringo = keep away a long mile.
    30 Apr 2014, 05:53 PM Reply Like
  • J.J. Cohen
    , contributor
    Comments (302) | Send Message
     
    Hi everybody @vito @molly's buddy, other people following me and other vringo shareholders....I thought it was time to remind people of a couple of things... but perhaps namely TO REMIND MYSELF :)

     

    I didn't get into VRNG because of TYCO or ADT...those came after I already got into the stock. I got into it because of they had already won the GOOG case, the Nokia patents and the EXCELLENT legal team that make up our enforcement team and serve as our corporate team (David Cohen, Joseph Re and many others) The fact of the matter, and what I am learning about IP companies, litigation and the stocks underneath those companies (as everyone must know or at least consider is that investing in a company is not necessarily investing in the stock and what may move the stock price has nothing to do with movement in the company but rather how the market perceives the news or information.)

     

    I understand we all want PR's to promote the company and make information known, not just for ourselves but also to gain interest in the Street. HOWEVER, it is clear that many IP companies and the settlements that go with them can NOT issue PR'S and often they are part of the settlement NDA's (Non-Disclosure Agreements)...And if we're going to stay with VRNG as a long term investment, we're going to have to accept that as the norm, IMO...

     

    So it's not necessarily the PR team at Vringo (i.e. Cliff, who is always available to take anyone's call or answer an email if interested) that is performing poorly or not performing, per se BUT RATHER...they cannot...

     

    No disrespect intended but I am surprised that someone who said they were an attorney is so appalled by the lack of a PR here...I mean with respect to the idea of an NDA and the very nature of IP settlements specifically with RESPECT TO PATENT and IP companies....unless patent law is not their specialty...maybe I missed something and again, I mean no disrespect.

     

    Settlements with these types of companies are OFTEN NOT even in the same category as investments in other types of companies as NDA's and the words specifically stating "DO NOT ISSUE A PRESS RELEASE" are often included in these settlement agreements.

     

    I like how the VRNG story is unfolding and I sincerely wish good luck to us all in VRNG and our other investments...Cheers!!

     

    J.J. Cohen
    30 Apr 2014, 11:24 PM Reply Like
  • wwu124
    , contributor
    Comments (270) | Send Message
     
    I am not concerned about these settlements being "confidential" because I do not make short-term trades based on these news releases. These settlement deals are confidential for the benefits of either side. In the end, these money shows up in VRNG's revenue and income each quarter.
    30 Apr 2014, 11:32 PM Reply Like
  • J.J. Cohen
    , contributor
    Comments (302) | Send Message
     
    @wwu124

     

    "In the end, these money shows up in VRNG's revenue and income each quarter."

     

    WELL SAID :)
    30 Apr 2014, 11:56 PM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    When do the revenues show up if not reported ?
    1 May 2014, 07:54 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    I was going to write exactly the same thing after reading all the prior posts. Here is my advice to one and all:

     

    1. Don't try and be patent attorneys. because this legal area is extremely complicated.

     

    2. Don't try and second-guess the attorneys. That's just wasting space.

     

    3. Buy the quality of the company and not the short-term news (or lack of).

     

    4. Wait for the quarterly earnings which will reflect pro rata settlements.

     

    5.Pay special attention to the GOOG case. This could transform VRNG into a 3- or even 100-bagger (Amazon-style), because of

     

    -- the settlement cash value;

     

    -- the guaranteed future high earnings flow;

     

    -- the pressure on other companies to settle at far more favourable terms to VRNG than previously anticipated;

     

    -- the ability of VRNG to expand and upgrade its already excellent legal team even further;

     

    -- the attraction it will provide to institutional investors.

     

    A lot is riding on the GOOG case. So is a lot of my cash ;-)))
    1 May 2014, 08:03 AM Reply Like
  • wwu124
    , contributor
    Comments (270) | Send Message
     
    Not reporting is a frault. Of course it needs to be reported. But, the company does not have to report a breakup of which company paid how much.
    7 May 2014, 03:54 PM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    When google loses it's appeal again, how will it pay up ? A lump sum , quarterly, when they feel like it ?
    1 May 2014, 09:22 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    I don't really care. What difference does it make? The stock price will soar whether it's all upfront or all deferred (= In the latter case the stock price will discount future earnings).

     

    But judging by the court cases so far my best guess is that GOOG will have to pay a large sum upfront for the infringements over the past few years plus a royalty on all future uses of the infringed patent. So VRNG should get the best of both worlds.
    1 May 2014, 10:20 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Would like your money today or next year ? There is a big difference.
    1 May 2014, 01:37 PM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    It's not about what I want but about what I can get. In either case it's not my money but the company's and, as I explained already, the stock will soar either way.

     

    Debating whether it's an entire upfront cash payment, or deferred, or a combination of both, is a complete waste of time.

     

    Assuming VRNG wins, One billion Dollars is One Billion Dollars. Jeez!
    1 May 2014, 01:59 PM Reply Like
  • banger187
    , contributor
    Comments (15) | Send Message
     
    Google always has a trick up their sleeve. They are saving the best for last.
    1 May 2014, 04:01 PM Reply Like
  • rickeespal
    , contributor
    Comments (266) | Send Message
     
    If they lose again, you know they are going to try the scotus route. They keep bringing up their 7th amendment right to a trial. Chances are slim to none, but once that is out of the way, then settlement.
    1 May 2014, 04:01 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    To all my fellow VRNG buddies I really don't care much about the G case at this time....I am sure (as I said before) they will try something else, like a brand spanking new, shinny workaround.

     

    I am just sitting back for all my Puts to become a year old and make a new position on them. As for the stock shares, I feel that it will increase as all the other companies start settling with V. Who knows, the ZTE cases will probably end before the G case does. I am not a lawyer, but in past cases that I have followed with other stocks, courts in Germany and many other countries do not put up with all the games that G has been playing here in America. As I see it, as each month passes against G the more interest they will have to pay at the end. And even that will add a little to the PPS.

     

    The interest alone will be millions,

     

    Just my thoughts...John
    1 May 2014, 06:44 PM Reply Like
  • Daniel5150
    , contributor
    Comments (232) | Send Message
     
    At this point.I would be very happy just to break even.
    Gl to all of us holding VRNG
    1 May 2014, 06:49 PM Reply Like
  • rinsev
    , contributor
    Comments (52) | Send Message
     
    John, buddy of Molly,

     

    Your comment on lawyers having to be in different courts in different countries at the same time baffles me a little. I have no legal training, but basic sense makes me doubt that the same lawyers are trying two cases in two countries with different legal procedures and languages. Really? Are U.S. attorneys credentialed to plead in Germany (or India)? and vice-versa?

     

    Someone please help me out on that one.
    1 May 2014, 08:27 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    Daniel5150

     

    You must not be a long term holder yet. But don't worry, you will get your money back and more it just hold V for a few more months. And with a little luck, you may not have to hold it but just a few more days. Sell if you must, but I would hold on for the big payday.....John
    1 May 2014, 08:31 PM Reply Like
  • Daniel5150
    , contributor
    Comments (232) | Send Message
     
    mollysbuddy

     

    I will hold.I know there is a pot of gold at the end of that rainbow somewhere.
    1 May 2014, 08:38 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    HAHAHAHAHAHAHA

     

    Poor ol GOOG just can not stay out of trouble.....Today they are being handed an invitation to be in court on an antitrust case. Guess they will have to go out and get a few more lawyers or just give a bigger donation to the folks in Washington........

     

    Today should be a good day for VRNG....good luck all.......and have a great weekend......John
    2 May 2014, 08:01 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    rinsev

     

    Not sure just how it works. Don't know if G and V have help in the countries or what. All I know is that every time the court dates are close together and in two different places, then one of them will get pushed back. It has happened with V and it has happened with other stocks I have had. I always believed that even if they have lawyers in these countries, the lead person for G or V lawyers had to be available just in case. Even if he is not in the court room at the time.

     

    Like you, I am not sure how it works. Maybe we will get some light from someone out there that may have a little more knowledge of how it works.....John
    2 May 2014, 08:41 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    I am going to hold my breath until may 6 !
    2 May 2014, 11:22 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    rickeepal

     

    You stated that G would try the scotus route. And that they keep bringing up the 7th amendment . Just exactly are you talking about. I for one have not seen anything that G has brought out on the 7th amendment. Unless I have my amendment mixed up, which is very possible. Could you please elaborate.....thanks.....
    2 May 2014, 11:38 AM Reply Like
  • rickeespal
    , contributor
    Comments (266) | Send Message
     
    Its in goog's cafc opening brief........... We all know google is on the ropes and their arguments are weak. Saying the judge rendered additional damages separate from the jury ruling, which is against goog's seventh amendment right. The idea is, this could have some merit to appeal to SCOTUS to set precedent on this issue, that is if CAFC does not go their way. Let's put it this way, this attempt is google's last bullet and SCOTUS will most likely reject the case. Google may not even appeal to SCOTUS, but why not. Why not delay more when you can delay more.
    2 May 2014, 04:30 PM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    rickespeel: "Why not delay more when you can delay more. "

     

    Because the case is already well known and might result in larger penalties, as happened when GOOG obfuscated and tried to mess with Judge Jackson in the District Court.

     

    GOOG is not exactly the most popular corporation at present, and is already subject to a major antitrust suit. Trying to abuse its power to cause delays will (IMHO) completely backfire and they should just take a couple of Valiums now rather than being forced to swallow a whole bottle of Dulcolax later.
    3 May 2014, 02:05 PM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Scouts means going to the Supreme Court ?
    2 May 2014, 12:26 PM Reply Like
  • J.J. Cohen
    , contributor
    Comments (302) | Send Message
     
    @Ppmatino - I believe it was just a typing or spelling error:

     

    It should read Scotus (Supreme Court of The United States) NOT Scouts
    3 May 2014, 11:04 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    I hate spell check.
    3 May 2014, 01:38 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    rickeetspal

     

    I have been following this stock since early 2013 which means I was an owner of shares prior to the trial. I am not aware of anything that judge JJ did in giving V more that what the jury awarded. Owners of the stock were hanging on every word that was put out by some very well informed holders, some being lawyers. The only award that JJ gave out was a little more on the per centage. I believe he gave 6.5% where the jury said 6.0%. But the jury can only recommend not award. The judge has every right to go over or under what the jury recommends. Now that is how I understand the way it goes. I don't see Judge JJ doing something that would give one of the companies a reason for a good appeal.

     

    With all that said, I know that a company has the right to take the case all the way to the Supreme Court if that so do desire. But I don't see G doing that since there is not something more to hang there hat on other than all the games they had been playing. For one, the cost just to take it to the court.

     

    But, if they do, I just see it as a way to get more money out of G. With all the delays that the company has tried the past year just cost them a year in interest that will go to the share holders.

     

    Just my thoughts....John
    3 May 2014, 06:46 PM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    mollysbuddy, regarding your point (a company has the right to take the case all the way to the Supreme Court if that so do desire), I am very familiar with the German justice system and I'm wondering whether the U.S. is any different:

     

    In Germany the Constitutional Court can refuse to hear any case if it believes that a) the appeal does not cover a fundamental aspect of constitutional law, or b) if the appeal is considered frivolous, meaning that all aspects have been considered by the previous courts, including the supreme court. Very, very few appeals are accepted by the CC because the CC Judges simply do not have either the time or the inclination to review every case judged by the Federal Courts, especially in open-and-shut cases. Even the supreme court is overworked and very impatient with time-wasting appeals by 'Goliaths'.

     

    Is there an expert on U.S. Law out there who might cast some light on the Appeals procedure in the U.S.? It seems to me that GOOG's appeal to the Federal Court is on a constitutional basis, and I believe that in Germany the case would be thrown out since this case deals with "theft", plain and simple. Either they stole, or they didn't steal. The U.S. District Court has already decided that it did. The Federal Court will either agree or refer the case to the Supreme Court, for which (IMHO) there is no basis. So it looks to me 10:1 in VRNG's favour.

     

    Either way, not long to go ......... Good luck, VRNG shareholders!
    3 May 2014, 10:42 PM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    Strike

     

    Thanks for the information. As I stated before, I believed that the courts in Germany and other countries do not put up with all the little games companies play to prolong the end. Here in the U.S. the courts will let companies delay every little way they can. (I for one believe that is why Judge JJ went to the 6.5% when the jury only went to the 6.0%) At some point in time it is only natural for a judge to get a little upset with a company wasting the courts time. A good example of that is when G informed the court that they had a workaround. After it was investigated the only thing that G did was to add a few light to go off and some bright shinny bells to ring. And that is just one of the few little things G did. But the worst was holding information from V till it was introduced in court. Judge's don't like that.

     

    I still believe that if G had it to do all over again, they would have settled with V after the appeal was lost. Especially after all the bad news that G has taken on the past six months. I am not to sure that the backers in Washington are standing as close to G as they were back then.

     

    As for the G case going on with V here in the U.S. I believe they will keep using the appeals every time they can. After that, then settle or just start giving V what they deserve. And when that time comes, I am sure that G will play with the figures that they have to turn over to the court.

     

    Just my thoughts.....John
    4 May 2014, 08:19 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Why is vringo's stock crashing the day before their big court case ? Not good news!
    5 May 2014, 07:14 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    It's just 1000 shares sold. Not a big deal. In thin markets any small stock can move 10 % either way pre-market.

     

    I don't think the price move has anything to do with the court case, as the oral arguments have not even been heard. I recommend to keep calm. The court case and the earnings (just a few days later) will clear the air on the company's future prospects. Everything else is just speculation and noise.
    5 May 2014, 07:32 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Why is the stock crashing today ?
    5 May 2014, 07:39 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    Why are you repeating your post?
    5 May 2014, 08:10 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    I did not see. I am not a decimal.
    5 May 2014, 09:14 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    HAHAHAHAHAHAHA

     

    What are u looking at? I show someone sold 1000 shared at a .02 cent loss in pre market, and only 1000 shares. So if V goes up .05cents then that would be considered "going thru the roof". Probably someone who is taking some profit off the table or someone who just doesn't want to wait to see which way it will move. But chances are, they made the wrong move.......Just my thoughts...John
    5 May 2014, 08:10 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    mollysbuddy, I think ppmatino is new to this business. As you correctly write, Pre-market currently shows a massive, cataclysmic fall of 2 cents, equivalent to 0.5 %. ;-)

     

    I think if it 'crashes' any further ppmatino will suffer a heart attack.
    5 May 2014, 08:17 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    When I spoke it was down .15!
    5 May 2014, 09:32 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Earlier vringo was down .15. Still down 2 cents. Scary ?
    5 May 2014, 08:25 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Yo strike, I am patiently waing for the positive spike !!
    5 May 2014, 09:12 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Waiting
    5 May 2014, 09:30 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    there u go Ppmatino, and they are not even meeting yet....take the gun away from your head now......hahahahaha
    5 May 2014, 09:53 AM Reply Like
  • Strike
    , contributor
    Comments (1713) | Send Message
     
    Up 2 %. Ppmatino, sleep easy. Better still, don't look at the chart again till Wednesday ..................
    5 May 2014, 10:37 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    Don't know about the rest of you folks, but I am ready for some Goog news. Will be a couple of days before we really hear anything come out on today's meeting with ZTE........john
    5 May 2014, 04:48 PM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Per market $4.15 up .07 !!
    6 May 2014, 09:06 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    Seis de mayo here we go !
    6 May 2014, 09:07 AM Reply Like
  • mollysbuddy
    , contributor
    Comments (332) | Send Message
     
    This is not the G news I was wanting. But it is just another G delay. After they lose this appeal, I guess they will try another. As I remember, when G informed the court that they a work around, the judge had both parties select an expert in that area to look at it. And they reported that the work around was still infringing on V paton. So, yes, G is going to appeal till they find a judge that will lean there way.

     

    Just my thoughts....John
    6 May 2014, 02:38 PM Reply Like
  • swilli1055
    , contributor
    Comments (2) | Send Message
     
    Does anyone know typically how long it takes before the settlement with tyco starts to show as earnings?
    15 May 2014, 06:02 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    The stock continues to plummet since may 6 !
    15 May 2014, 09:49 AM Reply Like
  • Ppmatino
    , contributor
    Comments (98) | Send Message
     
    What is the good news, wait another year ?
    15 May 2014, 04:16 PM Reply Like
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