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Vringo (VRNG -1%) has resumed trading following its legal win (I, II) against Google, which...

Vringo (VRNG -1%) has resumed trading following its legal win (I, II) against Google, which featured a smaller damage award than some were hoping for. Shares are volatile once again, spiking above and below breakeven. In a PR detailing the verdict, Vringo notes prior art arguments were rejected, and that a "running royalty" of 3.5% on Google AdWords revenue (subject to a judge's review) has been recommended.
Comments (8)
  • This would be close to what VHC got on there win against. Microsoft. Good start.ZTE next,Microsoft ,then yahoo.the
    Nok patients
    6 Nov 2012, 03:06 PM Reply Like
  • Why isn't VRNG shares going up? With royalties they made 500m and they have pending lawsuits.
    6 Nov 2012, 04:46 PM Reply Like
  • Good question.

     

    It appears that the market is awaiting the Judge's pronouncement. A total $ figure will be calculated, and the stock and warrant prices will react accordingly.
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    6 Nov 2012, 05:16 PM Reply Like
  • I read that Adwords was bringing in $100m per day. So at 3.5% is that not worth a lot more than the declined $500m damages?
    6 Nov 2012, 04:49 PM Reply Like
  • dude google will stall and appeal the stock will drop to 1 dollar, they can buy up 51% for 51 million, they do a take over, share holders get burned, thats what i would do if i were google, wouldnt you.??
    6 Nov 2012, 05:01 PM Reply Like
  • And what does Google do if Yahoo, or AAPL or MSFT buys VRNG?

     

    I don't know why people discount a takeout of VRNG by another company with deeper pockets.
    6 Nov 2012, 05:22 PM Reply Like
  • I had not thought about that angle, they [GOOG] have been probably been picking up every share they can on the cheap this week. I wouldn't put it past them. Pretty smart actually. We all wake up tomorrow to hear they filed that they now own half the company...
    6 Nov 2012, 11:53 PM Reply Like
  • bid would be nice, but doutful
    7 Nov 2012, 12:20 AM Reply Like
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