Vringo (VRNG +7.1%) spikes higher after announcing the Virginia district court handling its suit against Google, AOL, IAC, Gannett, and Target denied a motion from the defendants to "Compel the Deposition" of Vringo witness Stephen Becker, and to increase the time to oppose Vringo's motion for post-judgment royalties. Moreover, the defendants have been ordered to respond to Vringo's motion in 10 days. (PR) (previous) (Vringo's motion) [View news story]
I read the following from one of today's news pieces. No wonder Google is lobbying the administration to change the rules related to software patent litigation. Google has its dark side. It is trying whatever it can do to get away with it.
The title of this news piece is "Microsoft could generate $8.8 billion annually from Android royalties by 2017"
"Google unlawfully used technology from Oracle, Microsoft and others when creating its Android and Chrome operating systems, leaving its vendor partners exposed. Rather than engaging in expensive and often drawn out lawsuits, a majority of Android vendors have signed licensing agreements with patent holders. Microsoft has already signed licensing agreements with more than 20 Android manufacturers, including big-name players such as HTC, Samsung and LG. The company claims that 80% of Android smartphones sold in the U.S. and most devices sold throughout the world are now covered under its various agreements."
Further Signs Of Demand Weakness Now Hit The iPad Mini [View article]
I have never shorted AAPL. I wanted to but did not have the courage. I am now looking to buy AAPL, but are waiting for the "right" time. It is not now, but I have patience.
Don't be so mean spirited. Be honest with you, I wish you make money in whatever you do with your investments. For me, in the very short term, I am waiting to hear from NOK about its 1Q 2013. We will see.
I agree with this article. NSN is valuable. NOK is seriously undervalued. I also do not quite understand why NOK is still trading as if it is going BK. The second last time I bought NOK, it was at $3.20. My last purchase is under water right now. I am thinking about if I should take some gain on my other stocks and buy more NOK at this level. The only reason I have not done so is because NOK has already become a quite large portion of my account, since I started buying it in the summer of last year. I feel comfortable with my NOK holding. Even with this recent retreat, I still have a net gain of about 25% on my NOK purchase.
Pres. Obama isn't a fan of patent trolls. "They are essentially trying to leverage and hijack somebody else's idea and see if they can extort some money," Obama stated during a Google+ hangout. He added, "Our efforts at patent reform are only about halfway to where we need to go." The remarks come as the DOJ and FTC hold hearings on patent trolls, and an appeals court debates whether software should be patentable. Some IP holders accused of being patent trolls: ACTG, VRNG, RMBS, VHC, IDCC, WILN. [View news story]
Instead of setting up rules unfavorable to those so-called "patent troll" companies, it may be a good thing for Obama to help these companies to develop into multinational power houses and then crack down on violations of IP by foreign countries/companies. After all, in this world market, the US will not win on low-cost labors. US can only win by having the most advanced technology, therefore, the need to protect IP.
Pres. Obama isn't a fan of patent trolls. "They are essentially trying to leverage and hijack somebody else's idea and see if they can extort some money," Obama stated during a Google+ hangout. He added, "Our efforts at patent reform are only about halfway to where we need to go." The remarks come as the DOJ and FTC hold hearings on patent trolls, and an appeals court debates whether software should be patentable. Some IP holders accused of being patent trolls: ACTG, VRNG, RMBS, VHC, IDCC, WILN. [View news story]
Patent trolls, I do not view these companies negatively. Think about this. Many of our most respected companies violate intellectual property rights as long as they think they can get away with this. Such behavior is to be condemned, not patent trolls.
Vringo (VRNG +3.8%) has added Microsoft (MSFT) to its list of lawsuit targets, alleging the software giant is infringing the two search-related patents (no doubt through Bing) that were asserted against Google and others in a recent Virginia trial. A suit has been filed in the Southern District of New York; Vringo is seeking "past and future compensatory damages." (PR) [View news story]
I actually like what Vringo is doing. Think about this. We in the US often criticize other countries, such as China, for not respecting intellectual property rights. How about us in the US? Our best and highly respected companies and entrepreneurs in the US? Do they respect intellectual property rights? Many of them are trying to do whatever they think they can get away with. What Vringo is doing certainly reminds everyone that one has to pay for that violation of intellectual property rights.
I bought NOK in the summer because I saw some light approaching the end of the tunnel. Now, the light is a little brighter. Will keep watching and not sell at this moment.
Take profit? If you are a trader, and your instinct or tech analysis tell you to take profit at this time.
I plan to hold onto my shares and to turn my gains into long-term cap gains, unless I see strong evidence that the growth prospect is not there any more.
Technically, NOK has shown today a lot of strength at $4.20, following its recent steep rise. Not a time to sell. Even if NOK fail to go above $4.20 decisively this time, it will make the next attempt in the near future.
Why American Capital Is One Of My Favorite Investments [View article]
About your comment:
"However, share repurchases are a powerful tool for a company priced well below NAV (a company priced at 50% of NAV which uses 20% of its assets to buy back shares will increase its NAV per share by 33% - don't ask for the formula)."
It is correct. Without looking through any book, I actually figured out how to calculate this. In short, before the buy back,
NAV = 2 times the stock price (50% discount)
After buy back using 20% of asset,
NAV = 2.66 times the stock price.
This is an increase of 33%. The calculation is not that complicated, but will save my time and not type it here.
Beware Of Research In Motion And Nokia Near Year-End [View article]
If I sell my NOK share now, I have to pay short-term capital gains tax rate. I plan to hold onto my shares for longer than one year, so I pay the long-term rate.
Goldman Sachs And Morgan Stanley Are Backing The Truck Up For Nokia Shares [View article]
I am not sure about HPQ. I would not buy it, unless there is material changes to its operations and future direction. To me, it is still a value trap. I watched NOK for some time and first bought it on July 23 at $1.69, near the bottom of that up bar on that day. It was a speculative purchase, but I thought WP8 plus NOK's quality will have a chance.
Vringo (VRNG +7.1%) spikes higher after announcing the Virginia district court handling its suit against Google, AOL, IAC, Gannett, and Target denied a motion from the defendants to "Compel the Deposition" of Vringo witness Stephen Becker, and to increase the time to oppose Vringo's motion for post-judgment royalties. Moreover, the defendants have been ordered to respond to Vringo's motion in 10 days. (PR) (previous) (Vringo's motion) [View news story]
The title of this news piece is "Microsoft could generate $8.8 billion annually from Android royalties by 2017"
"Google unlawfully used technology from Oracle, Microsoft and others when creating its Android and Chrome operating systems, leaving its vendor partners exposed. Rather than engaging in expensive and often drawn out lawsuits, a majority of Android vendors have signed licensing agreements with patent holders. Microsoft has already signed licensing agreements with more than 20 Android manufacturers, including big-name players such as HTC, Samsung and LG. The company claims that 80% of Android smartphones sold in the U.S. and most devices sold throughout the world are now covered under its various agreements."
Further Signs Of Demand Weakness Now Hit The iPad Mini [View article]
Further Signs Of Demand Weakness Now Hit The iPad Mini [View article]
Buy Nokia Hand Over Fist [View article]
Buy Nokia Hand Over Fist [View article]
Think Twice Before Betting On Nokia At Current Price - Part 1 [View article]
Pres. Obama isn't a fan of patent trolls. "They are essentially trying to leverage and hijack somebody else's idea and see if they can extort some money," Obama stated during a Google+ hangout. He added, "Our efforts at patent reform are only about halfway to where we need to go." The remarks come as the DOJ and FTC hold hearings on patent trolls, and an appeals court debates whether software should be patentable. Some IP holders accused of being patent trolls: ACTG, VRNG, RMBS, VHC, IDCC, WILN. [View news story]
Come on, Obama. You can be smarter.
Pres. Obama isn't a fan of patent trolls. "They are essentially trying to leverage and hijack somebody else's idea and see if they can extort some money," Obama stated during a Google+ hangout. He added, "Our efforts at patent reform are only about halfway to where we need to go." The remarks come as the DOJ and FTC hold hearings on patent trolls, and an appeals court debates whether software should be patentable. Some IP holders accused of being patent trolls: ACTG, VRNG, RMBS, VHC, IDCC, WILN. [View news story]
Vringo (VRNG +3.8%) has added Microsoft (MSFT) to its list of lawsuit targets, alleging the software giant is infringing the two search-related patents (no doubt through Bing) that were asserted against Google and others in a recent Virginia trial. A suit has been filed in the Southern District of New York; Vringo is seeking "past and future compensatory damages." (PR) [View news story]
Nokia: Is Now The Time To Cash In? [View article]
What If Research In Nokia Existed? [View article]
Time To Take Some Profits In Nokia [View article]
I plan to hold onto my shares and to turn my gains into long-term cap gains, unless I see strong evidence that the growth prospect is not there any more.
Technically, NOK has shown today a lot of strength at $4.20, following its recent steep rise. Not a time to sell. Even if NOK fail to go above $4.20 decisively this time, it will make the next attempt in the near future.
Why American Capital Is One Of My Favorite Investments [View article]
"However, share repurchases are a powerful tool for a company priced well below NAV (a company priced at 50% of NAV which uses 20% of its assets to buy back shares will increase its NAV per share by 33% - don't ask for the formula)."
It is correct. Without looking through any book, I actually figured out how to calculate this. In short, before the buy back,
NAV = 2 times the stock price (50% discount)
After buy back using 20% of asset,
NAV = 2.66 times the stock price.
This is an increase of 33%. The calculation is not that complicated, but will save my time and not type it here.
Beware Of Research In Motion And Nokia Near Year-End [View article]
Goldman Sachs And Morgan Stanley Are Backing The Truck Up For Nokia Shares [View article]