Replies to post #4 on Xperi (XPER)

[Ultra II]

Tessera is about 50% oversold right now pending the patent/contract hearing outcomes.

Due to their nearly perfect patent defense track record, I forsee them winning most, if not all of the upcoming hearings and would imagine that they will be trading back above $30 within 3-6 months. Many analysts are saying $40+ in six months to a year.

The 7-day Amkor hearing begins today. If Tessera wins, I think another 10-15% pop in PPS is not out of the question. Who really knows, though?