Re: share price
in response to
by
posted on
Aug 19, 2011 09:05AM
Without new revenue beyond the lawsuits, the pps is not going anywhere. FF is a salesman by trade and has made several empty promises before such as evu in hospitals. Woody tends to shovel his Executives to another of his companies every so often and that's why he is back. The Panasonic deal which was completed prior to the MH is very telling and an indication that the value of the patents are not worth as much as first thought. We have had several settlements now and the amounts are no where near what some had thought. For a simple process, lets say that 250 companies settled with us for a 1 million each on 9/1/11,that is less than a dollar a share. It is what the company does with the money that's important. Right now all the settlement money goes to Norris,BOD and some employees and that is just a slow bleed. So if they only sue 20 to 40 companies every two years,what does that tell you if there isn't any other major revenue??
My personal thought is that DM was out lawyered at the MH. They should have had an expert standing in the wings to rebutt their expert witness. I don't think they will make that mistake again.