Sunday Night Rant....
Since DSS is now 90 days away from Pre-Markman hearing I think it is important to re-acquaint everyone with the companies that DSS is "currently" pursuing for patent infringement.
Broadvision: Annual revenue $15M. Small company-this was easy to predict (Settled)
Jive Software: Annual revenue $120M. Bigger than #1 but still just warm up for legal team IMO.
Novell: Last reported revenue was $811M for FY 2011. They are owned by attachmate corporation and private entity. Best estimate is that they have 3-3.5% market share in their industry. My best educated guess is $4-$500M annual revenue.
LNKD: Last quarter reported $324M revenue. ($1.3B annual projected)
Salesforce: Last Quarter Revenue $842M. ($3B+ Annual)
FB: Last Quarter Revenue $1.3B+ ($4B+ Annual)
*Remember, only the portion of revenue that is actually infringing is applicable.
The last three are the major leagues. In my opinion I would be shocked if there is an early settlement but a positive markman ruling will be huge. This litigation is as big as any litigation that has ever occurred in the IP sector and once the merger is completed I think DSS will get on the radar in a big way. Those who still have their stomach lining in tact through ups and downs will probably be rewarded very well.
What is interesting is the fact that DSS is combining technology from Bascom, Virtual Agility and legacy DSS in their new product. What is also very good is that DSS has a proprietary software. You only need ONE big customer and the flood gates open up. The fact that they are beta testing with fortune 500 companies is very promising IMO.
Unless I am misinterpreting DSS management, the company is looking to acquire IP that is already making money. (Being used in an operational capacity). A perfect example of this is MARA. I am not an owner but they have been very successful to this point.
The new DSS management has to see a road involving more than litigation to getting shares above $5 for 40 days in the next 12 months to capture ownership interest. There must be clear financial catalyst for this to occur.
As usual, only the facts, all readily available from board moderators and open sources. GL
