InvestorsHub Logo
Followers 14
Posts 991
Boards Moderated 0
Alias Born 01/07/2013

Re: joenatural post# 10985

Friday, 06/07/2013 9:32:13 AM

Friday, June 07, 2013 9:32:13 AM

Post# of 46516
I hope you are right, but I highly doubt it for two reasons. First, the attorney's at WDDD are not going to settle for a pittance--they are in this for some really big money because they believe they have a great case. Therefore, Activision would have to come with at least 1 billion dollars, a sum which is hard to imagine they would come with unless they absolutely had to. Second, WDDD's case has not yet been validated by a judge.

I could see a post-Markman settlement, and I believe that is likely, but a pre-Markman settlement is far-fetched, in my own opinion. Again, that would be great, but I think it is highly unlikely. I could see Activision offering $100MM, but WDDD is not going to accept something that low at this point.

I agree with Celtics that it appears, unless something drastic changes, WDDD will trade in the .39-.48 range pre-Markman. All in my opinion.