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Bad Banker

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  • USPTO issues initial rejection of Vringo claims, shares +1.2% premarket [View news story]
    Headline is a little misleading...USPTO issued a non-final rejection of the challanged claim made by Google.
    Jan 31 10:16 AM | 5 Likes Like |Link to Comment
  • Microsoft Needs A New CEO -- Now. [View article]
    Agree with your comments about inventions that are gathering dust. They need a CEO who can see the bigger picture and evaluate all their IP and what they can not use, license to others or find a way to monitize via law suits if necessary.

    Some of these old line companies like NOK are finding new life through old but essential patents. This is where you need a manager like Mulally who may not know how to write code but sure knows how to run a company.

    MSFT needs someone who thinks differently, not the same as Gates or Ballmer.
    Jan 19 09:04 AM | Likes Like |Link to Comment
  • Vringo Wins Key Victory Over Google Revenue; Awaits 7% Royalty Decision [View article]
    Behind the Googles and ZTEs of the world there is a large host of other well known names that need and will fall in line. Speculation time is over and it will now become time for VRNG to collect millions on a weekly basis...without having to go to court to do so.
    Jan 6 07:41 AM | 6 Likes Like |Link to Comment
  • House OKs bill to stop frivolous patent lawsuits [View news story]
    This looks like it can be a net positive for companies like VRNG.

    They have the means and the ability and the legal team to help small patent holders to evaluate, protect and prosecute infringer. If this bill passes into law smaller companies will need to turn to either law firms willing to take cases on a contingency basis or a VRNG. VRNG's business model is already heading this way with their NOK "partnership" and just announce deal with ALU.
    Dec 6 04:01 PM | 2 Likes Like |Link to Comment
  • House OKs bill to stop frivolous patent lawsuits [View news story]
    From those (inventors) according to their ability to those (GOOG, APPL, IBM, ETC) according to their needs.
    Dec 6 10:16 AM | Likes Like |Link to Comment
  • Vringo: Not Going Anywhere Fast [View article]
    Chris, thanks nice read and some new info for me on the German courts.

    Also, I think the CFO hire is a great good insight into VRNG's on going strategy. If the were just thinking of doing one deal in the future they would just hire a consultant for a one off. Given this hire, they must anticipate a much bigger need and are bringing the skill set in-house. The salary seems reasonable vs paying someone outside the organzation. As you mention, the value here (VRNG) is as much people as patents.

    Again thanks for the article.
    Apr 27 02:39 PM | Likes Like |Link to Comment
  • Vringo Vs. Google: Showdown Or Workaround [View article]
    Does GOOG have a workaround...the answer is yes. Does it work is really the question. I would like to see the Alpha and Bata test results side by side.

    Additionally, if GOOG Really had something better they would be shouting about it...without mention of the Lang patent.

    It is called creative destruction...if they really destroyed the Lang Patent, GOOG would let the whole world know about it.

    This claim by GOOG does not pass the smell test.
    Apr 21 08:38 AM | 9 Likes Like |Link to Comment
  • Why Microsoft's Investment History Suggests Major Upside For Vringo Shareholders [View article]
    What VRNG is worth to MSFT is wide open speculation. The valuation that MSFT MAY place on V comes in two forms. How V or how specific V patents fit into current MSFT businesses and 2. how V patents or team MAY fit into additional or new lines of MSFT business going forward. Additonally, the relationship between V and M going forward can take many time purchase and payment, one time payment and ongoing royality, stock swap etc.

    Right now GOOG looks to have mis-played their hand by taking on the VRNG legal team and losing in court and now continuing the fight they have already lost. This has given GOOG arch rival, MSFT the opportunity to move in a strike a deal with VRNG.

    Just speculation on my part but GOOG management went against legal advice to settle with VRNG. By ignoring good advice GOOG now is locked in a high stakes game that threatens their main revenue driver.

    Just because you make a lot of money does not make you smart and the boy CEO at GOOG seems to be failing his first big test.
    Apr 19 09:54 AM | 1 Like Like |Link to Comment
  • Vringo Settlement Talks With Microsoft; Buyout Or License? [View article]
    Up until recently I believed that MSFT would only be interested in the patent and that VRNG would only be interested in monetizing their patent asset either through license and/or settlement. I was basically dismissing the idea that MSFT would be interested in acquiring the entire Company.

    But the more I thought about it, having acquired Company's in a past life (before retirement) i am getting a different take on MSFT/VRNG discussions.

    First, the VRNG patent in play here has a great deal more worth to MSFT beyond any settlement from both an offense and defense standpoint.

    Right now MSFT is just an also ran in the search and ad monetizing business. While they see opportunity they are having a difficult time realizing the potential.

    So back to my earlier point about what really happen as two companies get together to discuss a settlement or asset etc. as discussion are taking place other opportunites have a way of showing up.

    So what happens with both parties, a lot is shared and discovered. While you are evaluating hard assets and IP assets you are also evaluating human assets.

    From MSFT they are trying to get from point A, where they are in third place to point B where they are in first place.

    Will acquiring the patents from VRNG get MSFT to point B...most likely not. But maybe acquiring both IP assets and the brains behind the IP assets you can get there quickly, especially if the are developing some next generation technology.

    As mentioned above many times in doing an asset purchase or acquisition you discover other gems...especially in the personnel area. Could the gem here be Andrew Lang and would he be the right person to lead the charge of the business unit.

    While we don't know the answer to this question we do know that a lot can happen when two companies get together and just talk.

    One last thought if MSFT we to acquire VRNG...if I am MSFT I may do it with a stock for one would be a nice number and even reasonable if this all fits into MSFT longer range plans in the area.

    Any way just a thought based on past experience.
    Apr 12 03:24 PM | Likes Like |Link to Comment
  • Vringo: How Much Is A Settlement With Microsoft? [View article]
    Chris, great article and great follow-up by everyone.

    IF...there is a substantial settlement from MSFT and with the win over GOOG does this give credence to the VRNG business model and their deserving a much better and higher multiple in the market place and not just a one for one price boost?

    Thanks again.
    Apr 2 04:23 PM | Likes Like |Link to Comment
  • Did Vringo Traders Overreact To Google's Flip Flop? [View article]
    I have little trouble with Dan...he is just taking money from weak, dumb hands and putting it in his pocket. Reverse Robin Hood!

    I have a big problem with SA for letting someone like Dan front run a stock.

    SA needs a 48 to 72 hour rule so front running does not occur (I know good luck with that being policed).

    Dan's first article should not have been permitted to be published since he took a position and THEN published...the same with this last article. It is not like SA did not have a history on Dan. He basically told SA that I'm front running VRNG with this article.

    I guess the question for Dan would be if VRNG ran from $2.90 to $3.25 would he have published an article saying that VRNG is now fairly valued. Most likely not. As a matter of fact to suggest that VRNG is under and fairly valued in such a narrow range would be foolish. This is especially true when the outcome is still unknown.

    So just on the surface SA should have known that both articles, and especially this last article was to benefit the front running by Dan and others privy to his before publication.

    Dan - D-
    SA - F-
    Jan 4 02:29 PM | 4 Likes Like |Link to Comment
  • Vringo: Where Are The Top-Notch Litigators? [View article]

    First thanks for the article, and while I find fault with many of your comments I appreciate the comments made by others that continue to contribute to everyone's knowledge and understanding of this interesting case as we wait final judgment.

    So, thanks to all contributors for the effort and clarification on the subject matter.
    Nov 28 11:28 AM | 3 Likes Like |Link to Comment
  • Vringo's Huge and Obvious Upside Potential [View instapost]
    Go to 10k...Nov 14 th.

    Equity section...Common shares.

    150,000,000 authorized and about 81,500,000 outstanding. Don't take the numbers posted by Yahoo...always wrong.

    Your method was fine...just your number of shares was off. Always go to Edgar and use latest filing.

    Thanks for posting, grade C+
    Nov 24 06:54 PM | Likes Like |Link to Comment
  • Synacor At An All-Time High, Can The Party Last? [View article]
    It looks to me you are confusing SYNC with Netflix. From what I read about SYNC they stream live or current programs to any device. Thus for the Olympics you can see all the events "live"...that is a huge difference vs. video.

    Also, the ad revenue share is with the cable providers and Dish, not just I understand. See how it was done for the winter there some reason to think this time will be different?

    I find most of your article just conjecture and not well seems to be more about NIA (negatives) than SYNC.
    Jul 10 07:47 AM | Likes Like |Link to Comment
  • Economic Outlook Worsens, Stay In Cash [View article]
    Good job...right on point!
    May 8 07:19 AM | 1 Like Like |Link to Comment