Re: Could Someone Research This Angle
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All I know so far is that you guys are guessing and are as lazy as I am.
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Wrong again. What I posted is a result of trading and following patent lawsuit plays like RMBS and RIMM and others. Simply finding lawsuit plays and finding what the stocks did afterwards is useless for the reasons I stated above. There are far too many variables surrounding lawsuits for anyone to conclude that the stock action is based on the lawsuit ending alone. So then you'd have to filter out the companies that were of any size to meet your criteria. The resulting sample size would be tiny. Then you'd have to research the circumstances around the lawsuit. After all that, I doubt you'd have more than a few examples, and making a conclusion that their stock action was due to "freeing up" of resources would be ridiculous.
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Rambus RMBS subsists entirely on patenting technology other people have developed and then suing them over it. It would be a good place to start collecting data.
May5 2001, loss stock dips
Jan 30, 2003 Win (earlier fraud verdict against thrown out) stock up 60%
Dec 22, 2004 Infineon asks for dismissal of lawsuit rambus down 15% immediately, 25% in coming month.
march 21, 2005 Rambus and Infineon settle, Rambus up 30%
April 24, 2006 Rambus wins vs Hynix, stock soars 15% to 44.50
Rambus vs Micron (again) mid last year, July 2006? Rambus loses stock drops hard to approx $15 then to $10 over a month.
Today several cases including Rambus vs Samsung, vs Alberta Telecom, and FTC complaint vs Rambus still pending. Not completely sure since they are having troubles filing their reports. stock at $20
This all stems from Rambus holding an open forum to discuss the future of RAM in the late 90's, patenting all the ideas and charging 3x the normal licensing fees. Since then they haven't created a useful product but have filed an enormous number of patents most of which have been thrown out when challenged but a few have held up in court costing the companies that actually produce a good product.
Certainly some stocks have prices that are greatly affected by lawsuits even expected ones.
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