People asked that I comment on where things sit today and the reason it is hard to comment is that we haven't heard much of anything from the important parties to the case. I do not happen to believe that today's movement is about the conference call or the new investor presentation.
We are now more than a week removed from the jury verdict in this case and there has been no utterance from the court and nothing from Google. We have only a motion to add damages for a month from Vringo, a declaration from Dr. Becker stating how to calculate those damages and a request for relief because Vringo contends that Google is not handing over recent revenue figures upon which Vringo would base those additional damages.
If this court works in a manner similar to others the Judge has probably encouraged the sides to settle BEFORE he has to come up with his final ruling and a future royalty number. As I said in a prior post the Judge may already have telegraphed to the sides what he is likely to do because that is what good judges do. There has certainly been a lot of conjecture on this and other message boards relative to a settlement or buyout in the past. I admit to thinking, perhaps naively, that this would settle prior to the trial. The difference now is that Vringo has won. I do not understand the motivation to sell this stock at this point. I am not seeing the downside. There seems every reason for the sides to dispose of this and move on to their respective next order of business. It is clearly in the court's interest not to have this case get caught up in appeal. I just don't think the options are many when it comes to speculating about why we have had this prolonged silence. I'm not sure I can say that it is "highly" unusual but it is unusual.
Boy, didn't this idiotic liar, edvacourt just declared that the Judge's final ruling was in already?
Look at how many bagholders are still latching onto this liar/loser !!
I simply will always bet against the proven liar, anytime, anywhere.
I can't help it, but don't you bagholders think it's so beyond funny that the liar, edvacout, just made up a idiotic report in the public, and declared the Judge was done ruling, exactly on the same day when the defendants filed a motion for reduction of the award sought by VRNG?
I mean, just how moronic a poster/person, presumably with some degree of eduction, could be? Shameless was just too mild a word for this ed#$%$vacout.
Much appreciate your comments and perspective, and agree with them. However, I really don't see why you feel "It is clearly in the court's interest not to have this case get caught up in appeal." Why is that so clear to you? If Jackson had a choice in the matter he'd probably opt that the parties not appeal, but appeals happen all the time. Just part of the game.
I would not expect ANY comment on the conf call - it would only be a risk for Vringo. I also do not think they are close to settling because Google will want any settlement to include infringement by Google customer (which could be a goldmine for Vringo) and Vringo will ask for a ridiculous sum if they are going to concede. I suspect this is a difficult negotiation and doubt there will be a successful settlement.
EDVA- If both sides have been given a hint from the judge in direction then why prolong? Is a drop dead date possibly shared given by the judge? Why would either party stick their necks out for a worse royalty fee? I know you have no concrete answer just seems either the judge is prolonging it or Google or Vringo is.