I think some of you took the brown acid!
posted on
Sep 23, 2009 11:29PM
As a mostly lurker, I am sometimes amazed at the posts that appear here. As nice as a fantasy of a buy out by Samsung would be, there is, in my opinion, absolutely no chance of that happening. No matter how you do the math, 174 infringers to go or not, it would make no, I repeat NO financial sense for Samsung, even at $1 a share, to buy edig equaling a purchase price of over 300 million dollars for patents that expire in 5 years. Fantasy is nice, $10 a share for my 500,000 shares would make me very happy and I hope that it happens, why else would I still be here?
However, reallity says that it's not going to happen via a buy out. The numbers at this point just do not support it. I wish they did.
However, long term performance and profitability may do it.
Speculation and wishful thinking are fun, but let's put down the kool aid and come back to reality.
Jay