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Re: None

Monday, 07/06/2015 9:24:38 AM

Monday, July 06, 2015 9:24:38 AM

Post# of 23258
Novatel is TINY compared to HTC and since the HTC settlement was 1.8 million I assume the Novatel settlement was far far smaller. Novatel had 332 million in revenue in 2013 and HTC had 6.74 billion. Novatels revenue is 20 times less then HTC so I would guess the settlement amount was 20 times smaller than the 1.8 million HTC paid. If I divide 1.8 million by 20 I get about $90,000 which is what Novatel probably paid. The stock should not increase in value due to this settlement but if it does selling a few shares might be a good idea as there is usually very little liquidity in this stock.

https://en.wikipedia.org/wiki/HTC

https://en.wikipedia.org/wiki/Novatel_Wireless
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