Despite the recent gain in shares of patent-holder Wi-LAN Inc., there is still time to benefit from the largest potential catalyst in the Ottawa, Ontario-based company’s history, says Sean Peasgood, analyst at Wellington West Capital Markets.
After years of preparation and waiting, he notes that Wi-LAN’s big wireless case against the likes of Apple, Belkin, Dell, Hewlett-Packard, Intel, Sony, Toshiba and Lenovo, is coming to a close.
“If successful, we expect the stock to move much higher,” Mr. Peasgood told clients. “Considering 100 wireless companies have already taken licenses, including Research In Motion, Nokia, Samsung, Panasonic and Sharp, we believe there is a good chance that others in the industry will come to the same conclusion.”
