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Wednesday, November 07, 2012 4:12:28 PM
Where it should trade - Altucher
« Thread Started Yesterday at 2:02pm »
- $30mm, plus they have $50mm in the bank
- royalty settlement worth about $500 million+
- NOK patents worth about $200 million
- an ability to show that they can buy patents accretively so every $1 in the bank is worth more
- the ability to now go after MSFT/YHOO + every other GOOG customer.
- 114mm shares outstanding
Who knows where the kneejerk trading is right after the unhalt. But it can reasonably be instantly valued around $8-10 with upside of up to $20-30 in the long run.
Read more: http://vringo.freeforums.net/index.cgi?board=general&action=display&thread=280#ixzz2BZcVEG8W
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