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Vringo, Inc. Message Board

  • bobaloo377 bobaloo377 Oct 5, 2012 2:49 PM Flag

    Rally Into Close - Here's Why

    Has Vringo made any stupid or uncalculated moves so far? These guys are very strategic
    and smart. Yes, they will have to negotiate a settlement but Google has the resources to pay
    a substantial settlement to make this all go away. Why would Google risk losing at trial when its
    own customers are at risk?

    Also, the move to go after ZTE for license payments is another great move. If Google settles or
    loses in court, ZTE will feel the pressure to settle like they did with Ericsson. In the 9/26 press
    release, the following was stated:

    "In January this year ZTE settled with Ericsson for $676 million and an ongoing license with undisclosed amounts going forward."

    One can control Vringo a "patent troll" all they want but it's really a brilliant business move
    and we will see more companies suing for patent infringement.

    The actual amount of settlement or reward will determine the short-term share price. Because
    management is very strategic and calculating, the long-term share prices certainly could
    approach the $30+ range that some have estimated. It won't get there overnight as VRNG
    will be heavily traded in the coming days, weeks and months.

    That's why I see a rally into the close amid the possibility of a settlement announcement
    over the weekend or sometime next week. I think VRNG finishes above $5.00 today.

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