My own guess is more conservative ($.10 - $.14)----single point guess $.12 EPS---
These are still untaxed earnings due to substantial NOL's---
Twelve cents would be double 2014 second quarter of six cents---
I agree that there should be multiple expansion --
Conference call should be interesting and hopefully Jerry will provide more insight
into long term strategy.
I believe it is very likely that there will be an oral argument. If there is one, it will probably be in October or November of this year. A decision would be likely in 3 months or so after the oral argument, but it is likely that the oral argument will provide a strong clue as to the likely outcome, but sometimes the oral argument is not very definitive in terms of the court's leanings. If the case is decided on briefs, it would be scheduled that way on the court's docket. I would expect that decision to be in October or November, assuming no oral argument.
That time was obviously correct many years ago too. Current fees are just a continuation of the process. This case should have been settled 5 years ago.
I'm not sure why you suggest that the Parsons' opinion is unsupported. There was an expert who testified and who Parsons found credible. So it is supported. It is also conceivable, but unlikely, that the DLSC would rule on the briefs and not hold an oral argument.
I don't see any scheduled oral argument yet on the Delaware Supreme Court web site. here is a schedule through September. There is an August recess I assume. So, the earliest would be October. It probably will take 4-6 months after that for an opinion to issue, although it could be sooner. There is likely to be some indication of how it is coming out from the oral argument, although that is often not the case and judges sometimes ask questions that suggest one outcome in order to make sure that they have the right rationale for another outcome. In other words, it is hazardous to try to ascertain the outcome in many oral argument situations.
Perhaps trying to deal with the merits of the article, rather than simply bash, or perhaps we now know better who is the clown here. Would you try a selfie?
One very general answer to this question is available, but not specifically applicable to Delaware cases. I believe that the Courts of Appeal (Federal) affirm over 80 percent of the cases on appeal. (It may be closer to 90 percent.) If the decision below is factual, so the appellate court has to find the decision "clearly erroneous,: the percentage is quite a bit higher than that. It is unclear to me whether this case is subject to the clearly erroneous standard. Have you read the briefs on appeal? I have a couple of them, but need to get them all.