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Re: Paullee post# 17909

Monday, 04/09/2018 11:50:31 AM

Monday, April 09, 2018 11:50:31 AM

Post# of 18730
The $500M number was thrown out on analyst day. It was then repeated by Lisa Thompson of Zack's SCR. Once more for those who don't know... Finjan pays Zack's to follow them and write "research reports" so Lisa has extra contact with Finjan and Finjan approves the reports she writes:

"The Finjan analyst meeting held December 14, 2017, gave investors insight into plans for 2018, the most heartening of which was the possibility of a settlement with Symantec, which would include Blue Coat. The company is currently in active negotiations with Symantec, as ordered by the judge, and the number put out was “under $500 million” certainly much higher that most expected. So far Blue Coat owes about $43 million on Blue Coat I, and is being sued for another $45 million in Blue Coat II, leaving most of the rest due to Symantec infringement."

http://scr.zacks.com/News/Press-Releases/Press-Release-Details/2018/Finjan-FNJN-Settles-With-FireEye-for-a-Net-125-Million/default.aspx