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Unwired Planet, Inc. Message Board

  • rogertstockwell rogertstockwell Mar 27, 2014 4:33 PM Flag

    New BOD Member - lots of positive change

    Things keep getting brighter and brighter.

    Sentiment: Strong Buy

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    • Richard Chernicoff is a solid guy, his background at Tessera a $1.4 B IP licensing company is just what the company needs now. I believe UPIP is very well poised. Not selling it for a penny less than $10!.. Go UPIP Go! Mike Mulica deserves a lot of credit for pull off the Ericsson deal which positions them in a very good spot

    • Agree, strong background in M&A, still believe Microsoft would gain great leverage against apple and Google if buying upip.

      Sentiment: Strong Buy

      • 2 Replies to mn1819
      • my thought is that MSFT might spin off it's patent part like ERIC did.......I think to grow going forward, UPIP will need to find good value in new patents along with continuing their current path. bigger tech companies will want to spin off their patent legal businesses to companies capable of collecting and are third (neutral) party related. the business model needs to expand slowly, and now has the cash to do that.

      • I agree with you guys. Feld steps down and Chernicoff, a former Skaaden, Arps M&A attorney with an expertise in IP joins the Board. Has the look of a company on the market with many several possible suitors -MSFT certainly being one of them.

        Sentiment: Strong Buy

    • You old timers will remember that Peter Feld was with Starboard Value when they saw the hidden value in Openwave three years ago and lead the transformation from a small, mediocre software company to the potential IP goldmine that it is today. Feld and Starboard deserve tremendous credit for salvaging and transforming OPWV into UPIP. I love his quote in the PR: "I am proud of what we have achieved and believe the company is extremely well positioned for the future. I have tremendous faith in management and the board and look forward to observing Unwired Planet’s future success as a large shareholder of the company.” (emphasis on LARGE s/h.) And, by the looks of Mr. Chernicoff's resume, there will be no drop off in intellect or expertise on the Board. For all of you long-suffering LONGS, your patience is finally paying off. Good luck.

      Sentiment: Strong Buy

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