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coolerheadsprevail

03/15/14 12:12 AM

#16583 RE: Lowhndcpr #16535

What's your take on the date that worlds can now go after atvi from? I was confused about the last paragraph in the Order. I'm not sure if wddd lost 1 year or several years?


WDDD loses all past damages prior to 9/24/13, the date the Certificate of Correction was issued.

So losing all those years of past damages can change the risk-reward calculus for some investors.

That being said, it is important to understand that all years are NOT created equally because ATVI's revenues for MMORPG-related franchise titles has grown exponentially year after year, which means that the first few years of what would have been the 6-year past damages period don't even total what 2014 by itself will likely bring. So it's not as bad as it seems.

But first things first: We need to see what WDDD's official response will be as to what course of action they will elect to proceed with.

Hope this helps?

GLTU and continued GLTA (we'll need it, LOL)