I don't care how you figure it. This quarter(ending in Feb.) is going to be very good.
I'm still convinced we got more than a minimum of $100M out of the Js. Fujitsu settled for $32M, prior to escalated legal expenses, court results (Markman, motions), and they aren't as big an infringer as any (I beleive) of the remaining Js. As I've posted before, doing a "minimum" calcualtion is simple. But apparently the street doesn't know how to use a calculator. $100M / 2 = $50M . $50M / 391M = ~$.125/share (pre taxes, after taxes ~$.075/share). Apply our current, ridiculously low P/E of ~12. 12 X .075 = 90 cents, ignoring any other licensing. Maybe this is how Dutton is getting their number?
All JMHO,
SGE
Settlement J's
TEAC
Daewoo
WMS Gaming
Lite-On-It
Alpine Electronics
Verigy