Ottawa patent player Wi-LAN (TSX:WIN) is "very cheap" and may be set for a big
move, says one analyst.


Peter Imhof, Investment Strategist at Sprott Asset Management was on BNN's
Market Call with host Michael Hainsworth this morning, and fielded a call on
Wi-LAN.

Imhof, noting that Wi-LAN has been one of his top picks a number of times, says
he was a bit perplexed that the stock didn't move more on the company's recent
deal with Samsung.

Late last month, Wi-LAN announced it had entered into a "broad long-term licence
renewal to Wi-LAN's patents for Samsung's wireless mobile products and
networking infrastructure equipment." The deal is an extension of a 2009
agreement. Management said it gives Samsung a license to patents for wireless
mobile products but extends the scope and term of the deal.

Imhof notes that while the terms weren't disclosed, the Samsung contract was the
largest the company has ever signed. "I am surprised the stock didn't have a
more of a run off of that news, " he said.

Imhof says the Wi-LAN is very cheap here in terms of their earnings growth,
their dividend yield, and the cash the company has on its balance sheet. He
thinks the stock could go to $7 within a year.

Imhof noted that many were of course hoping Wi-LAN would settle out before the
current legal proceedings with HTC and Ericcson got underway, but he still
believes it may be settled within the next couple of weeks.

"Even though they are going to trial they are probably still negotiating as this
is going on," says Imhof. "Even if they don't settle I still believe Wi-LAN is
going to win this," he added.

Including the current actions against HTC and Ericsson, which are taking place
in the U.S. District Court for the Eastern District of Texas, Wi-LAN has a total
of six trials scheduled in the second half of 2013, including actions against
Hon Hai, Alcatel-Lucent, and Apple.

At press time, shares of Wi-LAN were up 3.4% to