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pls ignore those ones it happens when ur scribbling fast mistakes/wrong words come in.I am not doing word check in Ihub. I know the difference btwn Judge/Jury.Hope we hear good news by 12th, guess Google will be satisfied with updated estimates by VRNG resulting in settlement before Trial process.
Thanks for your detailed reply. Good One.
http://seekingalpha.com/instablog/3542511-mohan0805/1153581-vringo-vs-google-possible-settlement-buyout-scenarios
i wrote this one in SA. Thanks for your encouragement.
May be Rainmaker is convinced VRNG has some settlement be it high/avg or lowball offer. He has to be long now. Its time for every shorter to be long now. Lets everyone attack the bad guy Google.
where are these ratings displayed??
Good Night folks!! Expecting 5+ tomorrow eod.Obviously shorters or ihub folks cannot take VRNG to 3 or 2 while settlement/trial is progressing. Max it should be lower 4's and any valid news by vrng its off to 5's. Even without news it will consolidate at higher 4's or may be even to low 5's.
Google is a company which stealed ideas from other players did things unethical way. I have a feeling they are capable of modifying code snippets. Court should validate the back end systems via audit. i cannot take it as granted since its google and its background is fishy.
Hopefully not we should go up tomorrow. We have evidence now if numbers are lowered google can offer settlement.
Who will short the stock if there are indication of settlement. Steve's article is a breather for VRNG. we can see things coming back to normal green.
Kims article gives more clarity. Looks like Google is questioning royalty rates, that means they are willing to settle for lesser amount than 760M. I also get feeling they are not looking for Buy Out option since they are asking to adjust the numbers. Anyways Google should not be bothered about few hundered millions. For them its like coins currency like quarters or dimes.
Oh Stevelawkim with his legal knowledge is best person to interpret court language.
So VRNG will now lower thier estimates now. If anyone knows how much % of Google Business is US vs Rest of the world. If we know that we can substract that % from 760M.
VRNG Should really screw Google. Google has benefited from various companies without getting appropriate patents.Google is like some one who has pushed other players/looted them on thier way to top.
Yes your correct i will edit my posts.
Yes the US Revenue evidence provided by Google will certianly help. VRNG team has lots of work to do this week.
1)Go through Google US Revenues document and provide the supplemental evidence to jury
2)Going through Source code by Oct 12
Once that is done the Legal team can take up from there.
Almost 700 posts it should be.
Things will move positive tomorrow. A lot of things can happen all of a sudden. press release from VRNG about AOL case and its readyness to take on other companies.
Google, ZTE whats next??
But what evidence jury or vrng has if GOOGLE has not presented tweaked/modified code since the case has began. Is there any way to validate if Google has given orginal code snippets or they have tweaked the code before presenting to court as evidence. does jury provide 3rd party entity to inspect the validity of code snippets provided by Google.
But like i have said this is trivial, jury has already said there are some serious issues and rejected Google MSJ.
My thoughts on today's court ruling: Positive for VRNG
Its been a long and exhaustive day for vrng longs. I slept for some hours and i have went through the pacer document. For me all the rulings are looking positive for VRNG.
Both Google and VRNG have some homework during this week.
Google-while Jury has ordered Google to provide US earnings which VRNG will certainly up the Damage Estimates, so the 760M estimates provided by VRNG now will be conservative figure, based on new evidence VRNG will up the settlement amount atleast over 1B from 760M. 1B+Royalties and if VRNG can provide additional information on willful infrengement of patents via source code, the estimates can go even higher.So today's court is again positive for vrng.
VRNG-For VRNG it has to has to go through 250 pages of source code by Oct 12. Lang who has the patents who works for VRINGO is our best bet for doing this in timely fashion or even before time, he should be able to identify the source code where it is directly using the VRINGO's patents i think it should be easy task for Lang but to present in perfect manner it might need some additional effort.
What i feel strongly is Lang has the patents for Search/Rank/Advs concept or functionality. Google has used that concept or functionality and might have modified thier code little bit here and there. If you know the functionality/concept programming can be done in different ways but here the value is for the Lang's concept of search/ranking/advs. if VRNG can present this in a clearcut fashion Jury will surely go with VRNG side.
For me VRNG is going to win with the settlement or trail in a large way.
Its been a long and exhaustive day for vrng longs. I slept for some hours and i have went through the pacer document. For me all the rulings are looking positive for VRNG.
Both Google and VRNG have some homework during this week.
Google-while Jury has ordered Google to provide US earnings which VRNG will certainly up the Damage Estimates, so the 760M estimates provided by VRNG now will be conservative figure, based on new evidence VRNG will up the settlement amount atleast over 1B from 760M. 1B+Royalties and if VRNG can provide additional information on willful infrengement of patents via source code, the estimates can go even higher.So today's court is again positive for vrng.
VRNG-For VRNG it has to has to go through 250 pages of source code by Oct 12. Lang who has the patents who works for VRINGO is our best bet for doing this in timely fashion or even before time, he should be able to identify the source code where it is directly using the VRINGO's patents i think it should be easy task for Lang but to present in perfect manner it might need some additional effort.
What i feel strongly is Lang has the patents for Search/Rank/Advs concept or functionality. Google has used that concept or functionality and might have modified thier code little bit here and there. If you know the functionality/concept programming can be done in different ways but here the value is for the Lang's concept of search/ranking/advs. if VRNG can present this in a clearcut fashion Jury will surely go with VRNG side.
For me VRNG is going to win with the settlement or trail in a large way.
35.8M trading Vol, Buys-16.1M, Sells-15.96M, Unknown-4.05M
this one is confusing may be this might be reason for sell off today.
whats the confusion on court schedule.no one showed the schedule earlier we never know we have 1 in that schedule.
Do you think we get settlement PR 5 mins before close
I am seeing lot of sells going as burst bas are these sells liquidated by brokers??
So its not mandatory to give PR's after Day1??
Do we need to deal with this for some more days, investors have no clue then whats happening??
Is there any chance that GOOGLE didnt show up for the meeting and requesred for another date for buying more time? if this is the case Vringo can give a Press release. If Google is taking more time then its good news for VRNG.
what was the outcome?? thts biotech stock and the swings are more wild. Hope that person maureen will answer one of the emails.
I did too. ohh man felt very high after i saw that article. who ever did tht should be punished.
Looks like Settlement is on cards
LET'S WELCOME $6 SHORTLY!!!
5.50'S CLEARING UP!!!
WEEEEEEEEEE 5.40'S GONE TOO..
Now 5.30's, these will be cleared in 1 Min??
Welcome 5.20's,they will be gone in another 2-3 mins
5.10's clearing up. 5.20's coming..
Going back up 5.10's coming
CONGRATS FOLKS!!!
LET'S GET READY FOR THE CELEBRATIONS!!
Reporters at the U.S. federal district court for Norfolk, Va are gathering information on what appears to be favourable settlement for patents firms Vringo Inc. (NYSEAMEX:VRNG) in its case against internet giant Google Inc. (NASDAQ:GOOG). The terms of settlement have still not been made public with press conference expected at close of discussions this afternoon.
These discussions come after a U.S. court last Friday refused an appeal by Google to dismiss the patent lawsuit filed by Vringo. The court ordered settlement discussions take place with Google, AOL, and Target prior to any trial proceedings.
5.04 - 5's are back
shake out is over. Looks like Market Makers want to get some profits too, after Institutional investors sold there shares.
hope they are done with thier sells. looks like so price stablised around 5.10
Just as i have posted earlier, they will sell 5M (approx) and ride rest of the stock.