Interesting to note, that, RIM has lost about 30% of its value, due to legal issues. The Supreme Court denied a request to suspend a lower court's ruling in a key patent infringement lawsuit with NTP.
On an interesting note, there were terms of an agreement that was drafted earlier this year, but lacked a meeting of the minds to seal the deal, which includes for licensing arrangements.
So, whats the future hold in store?
I think RIM will bounce back relatively quickly, although not to the same high levels as before. Some analysts are picking target prices of around $62...it will just be a matter of how much NTP will agree to settle for. My guess is a modest premium above the last one, with RIM taking the hit in Q1 2006, so look for improvements after that. RIM will sign quickly, as the technology is partnered with others.
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