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UglyAmerican

01/02/18 10:14 AM

#17154 RE: ranchhand71 #17153

Yes, much less. This was considered a big fish in their litigation pipeline. Fireeye has about half the market cap of bluecoat but are the leader in threat analysis and protection with about 40% of the market. I view this as a fail especially considering they have a long history trying to squeeze fireeye.

lbcb123

01/02/18 10:22 AM

#17155 RE: ranchhand71 #17153

It is a fraction of what the FireEye case should have netted. That is why the price is going nowhere. The ignorant hear "settlement" and bought early while the savvy began selling.

In the patent licensing game, your patents are only worth the least amount you license them for. By giving away a license to FireEye, they just reduced their portfolio value greatly.

Blue Coat/Symantec is showing the world how to beat them in court and they are beginning to get what they can from the remaining infringers.

It also shows once more how people were allowed to front-run news. It explains the recent strange trading activity. I look for a close today 10% below the high of day. This will be a selling event even though they will try to bring the price up a bit at the end on small buys.