Sunday, August 21, 2011 11:32:19 PM
Anyway I appreciate the vote of confidence but I'm sure Evercore and Barclays are gonna do a fine job.
I would also want my patent attorney buddy as my negotiating partner.
(although his guess has been $8.5B at least prior to the Googorola deal--now he MIGHT reconsider). His thought was that IDCC is worth what I say and MORE but it would be too radical and earthshaking to pay more) Our bet *(with undefined terms of victory--relying on one another's good will) is that he gets anything up to $10B, I get anything over $12 and that $10-$12 is a push.
Honestly one thing I would use is the idea that shareholders might not accept less than some multiple of the Nortel price given the factors I cited and the company's statements about our IP vs the Nortel IP.
Oh and it might help to have Nukejohn as pafrt of the team--between him and my buddy we can play good cop and my partners are the bad wildman cops so better to deal w me I'm the REASONABLE one lol
JMHO
Good luck to us all! (longs)
Joel
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