Seeking Alpha
  • Silent_Knight
    VRNG cant claim damages 6 years prior?? We do realize GOOG made over 37B last quarter right? 96% off ad sense. 2day another great buyng opp!
    10/31/12
    Reply (9)
    • Droney: They should still see a few hundred million at least...I hope...
      10/31/12
    • Silent_Knight: Can you explain the damages numbers to me? A mere 1% is 3.7B for the QUARTER, I'm not grasping the concept of these 'low' settlement numbers
      10/31/12
    • joecrocker: 1% is 370 million,Vringo can only ask for the increase in revenue due to the technology and not the whole revenue, so it's 3.5% of 20%
      10/31/12
    • Silent_Knight: Thanks for the explanation!! Makes a little more sense I suppose. Never really knew why people said Googles evil. Stealing=innovation? nah
      10/31/12
    • Silent_Knight: Damages should be far higher imo. If I came up with an idea and someone else made it huge because of it I am do a small percentage? bs!!!!!!
      10/31/12
    • DeepValueLover: At best VRNG will only see around $400 million thru 2016. That is a big reason why the stock was sliced in half today. Expect $1.30 on Thurs
      10/31/12
    • Silent_Knight: Googles claims were denied. You meant up $1.30 right? I wanted to buy again yesterday but it was new funds and scottrade wont do it under $3
      11/1/12
    • DeepValueLover: Yes, sorry. UP $1.30. Thanks for catching that. :)
      11/1/12
    • Silent_Knight: US revenue for Google's claim period is about 75B. Wouldn't that be somewhere around $525M as a 'fair' compensation? Plus future royalties?
      11/1/12