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Vringo (VRNG -11.5%) is seeing another down day in response to the Google verdict (I, II) -...

Vringo (VRNG -11.5%) is seeing another down day in response to the Google verdict (I, II) - shares are now down 25% since yesterday's trading halt ended. Maxim joins others in estimating the jury's recommended royalty rate could lead to $500M in payments to Vringo until April 2016, but also cautions a Google appeal could take 12-15 months to play out, and that the company might try to create a workaround.
Comments (7)
  • Again no mention of the possibility of the past damage amount to be raised due to jury miscalculation. It seems like SA editors as a whole are shorting VRNG. What goes around comes around jerks.
    7 Nov 2012, 12:57 PM Reply Like
  • Savage,
    Your last comment made me laugh.
    7 Nov 2012, 01:01 PM Reply Like
  • I say Vringo file an immediate Injunction against Google.
    7 Nov 2012, 04:03 PM Reply Like
  • seems like numbers are correct. Vringo has a statement on their website using these numbers, so it is what it is. Where is james Altucher? I'd like to here his opinion. You can't take us to the dance and not give us a ride home, brother!! Please?
    7 Nov 2012, 04:03 PM Reply Like
  • Does this mean the bash at Steve's house in Hawaii is cancelled?

     

    Damn!
    7 Nov 2012, 06:25 PM Reply Like
  • Savage, can you cite any material that reasonably asserts that as a possibility? Or is that just a random speculation. I haven't seen in in any news...
    7 Nov 2012, 07:21 PM Reply Like
  • It is shameful that SA Market Currents cite communications from Maxim group without disclosing that a VP at Maxim from one year ago is now a VP at Vringo in Communications (Cliff Weinstein)
    7 Nov 2012, 09:38 PM Reply Like
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