Replies to post #61997 on XpresSpa Group Inc (XSPA)

[LYogi]

now you are seeing the potential windfall of this stock...however note that Nokia gets 35% of the monetization of these patents.

so closer to $50 a share once fully montized if ZTE FRAND rate is set at $400M.

But that doesn't account for the 500+ other patents that Vringo will be monetize in the future...

but the bottom line here is that whatever the figure ZTE is forced to pay or settles for there is a potential 20X multiple to be realized...in time....

[Rainmaker80]

Making,

Comps are not trading at 20x, I can't see us trading at that value given one win, even if sizable.

Secondly, you ignored taxes, cut to nokia etc. 400 at 20x would actually be around $44 after considering those issues.

However, as I have said, I believe a more realistic multiple would be 3-5x off the first win. If able to then start licensing others without costly litigation as a result, the multiple should start to trend closer to its peer median of around 10x over time.