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Message: Re: Sunday evening - Samsung / LL
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Jul 20, 2009 09:24AM

Re: Sunday evening - Samsung / LL

posted on Jul 20, 2009 09:45AM

LL, good morning.

Based on your math, make that 700M, as there are 350M shares authorized.

Yes, DM has a lein on the patents, as I understand it, to be colateral. Concerning what percentage their take is as a party to an Escrow, I don't recall reading anything?

The XLA's acheived thus far, have some value too. As we ponder the thought, and that's all HRH and I, plus others in here have done, if Samsung did buy us, for whatever figure, there are still about 180 outfits Nunally etc feel have infringed, which Samsung could then go out and license. How much would those licenses be worth??

When Samsung offered $26/share for Sandisk (SNDK) when it was trading for $13, we are talking $6 Bln cash. What revs over the next 3-4 years did Samsung think SNDK had in their pipeline? I don't know, so does anyone else have a figure to share?? That might be interesting to know. We also need to remember that SNDK had a 7 year deal with Samsung @ $350M/yr, and after turning down being bought, a new 7 year deal was closed for $175M/yr. That's $3.675 Bln over 14 years just to license their IP, and they were willing to pay $6 Bln to own it, after shelling out $2.45 Bln the previous 7 years.

I'm of the opinion, based on the many actions by Samsung in the CE market, that they would place a higher value on EDIG's price to buy them, than $2. I'm also of the opinion that DM/EDIG would play hard ball in a buyout offer.

All speculation, pondering, dreaming, which we have the right to do.

If this should happen, I hope for you and all of us, the figure is much higher.


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