Monday, August 18, 2014 12:00:11 PM
I also think that WDDD being a PE (as opposed to a NPE) will help it in the courts and in front of a jury. What happened to VRNG, though, is scary for all software companies (including WDDD) in the US. The battle isn't over for VRNG. The judges made a stupid decision imo. That just goes to show that the risk for WDDD is a judge or jury making a stupid decision. And now companies like ATVI have some encouragement to take this to the stretch...even as far as to appeal a lower court decision in WDDD's favor. So the VRNG news is very much relevant to the WDDD case.
I disagree that the only 2 reasons for not buying WDDD is because you are dumb or broke. One might just not need to take the risk or not have the risk tolerance that is required. But I think you were just trying to make a point...which I agree with...that last Friday's news created a good buying opportunity as opposed to being the time to sell out.
John Gibson
fortuneir . com
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