I am still shooting for approximately $100 for the deal. But not anytime soon...I think this will take atleast 2 more months. Should have purchased longer dated options instead of Sept options. I have a few Jan 2012 options and am thinking of rolling my Sept options into Jan options.
I personally think that this is a bunk article. First, it's poorly written. Next, these lawyers focus on 2 & 3 G, not 4G. Also, in terms of valuation, the board of directors might help shape the deal, but the shareholders can vote down any deal that we want. This alone should have been discussed as determining a proper offer. GOOG or AAPL or whomever places the bid knows that it's going to have to be attractive enough to the shareholders. I like the MarketWatch article that calls IDCC's patents "A WAR CHEST". In the current patent battles, you're going to need a war chest.
Think again. I don't see much positive for IDCC in this article if the Justice Dept finds in favor of Google. If the consortium cannot use the Nortels patents to destroy Android, then why would Google need IDCC? Antitrust concerns would most likely arise in the event if Apple went after IDCC's patents as well.