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rak Re: New $100 Million Stock Repurchase Authorization!

By: Data_Rox in IDCC | Recommend this post (0)
Fri, 04 May 12 9:51 PM | 311 view(s)
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Msg. 45089 of 48237
(This msg. is a reply to 45082 by Rakitno)

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happy for the progress....some things are aligning for sure

something we don't know however....is how many patents are in each of the patent "families" that were sold.... it makes getting to your per patent calculation difficult....especially if we're looking at continuations and international equivalents.

....from a sale of four patent *families*


Loosely defined, a patent family is a group of patent documents that are likely to share the same inventive concepts and technical details. To create these families, providers use the concept of shared priority data as a basis to assume that patent documents are technical equivalents.

http://www.intellogist.com/wiki/Patent_Families


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The above is a reply to the following message:
Re: New $100 Million Stock Repurchase Authorization!
By: Rakitno
in IDCC
Fri, 04 May 12 9:06 PM
Msg. 45082 of 48237

Well, let's do the math.

Let's say that prick ... errr ... analyst, Jonathan Skeels was correct about his revenue estimate for Q2. He estimated revenue in his last report to be $66.3M. Management said it would be $71. Since management is recording the four patents sold as "revenue" let's assume that the difference between what management knows, $71M and what Skeels doesn't know $66.3M is a difference of $4.7M revenue+.

Therefore the upper band, using Skeels model, is that four patents were sold for $4.7M. That is possibly, $1.2M per patent.

Either patent revenue was higher and/or the selling price of the four patents was very high ... whichever way you cut it, this was excellent news!

Maybe Skeels can run his numbers again. And reissue his leaflet.

And don't forget this part ...

This latter transaction [the four patents sold] is unrelated to the company's broader efforts to create value by monetizing certain larger patent portfolios for which the company continues to see good interest.

More patents to sell ... "good interest" ... now why would Management need to even say anything ... Smile


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