RE: Waiting...Reality Check:
1) 01 will take $1 to $2 per share and move onto their next victims
2) the law firm has likely sunk several million dollars so far into this, and if they can earn at 33% somewhere between $15 to $35 million they will push for a settlement and avoid a court case and additional cost (if they have spent $2 to $5 mm that is not a bad return). A dollar today is worth more than a dollar tomorrow. The lawyers will also be concerned about the pending bill before the US senate to limit past damages to "royalty" value.
3) Settle asap and the lawyers can start chasing the other offenders - they would than have Citrix and Hitachi validating the patent claim - this would make it a lot easier to collect from others which means more money for them, money that comes in faster and easier than a drawn out court case with Citrix. If you were a lawyer, what would you be pushing for?
Conclusion, settlement in the $55 to $100 mm range. Well below the $200 to $300mm discussed. Thus I would expect a sell off should this happen as expectations are not met - a great buying opportunity.
Sorry, there will not be an $8.00 or even $4 per share settlement, even with a court win. A court win would be worth max $2.50 to $3.00 and that is only if triple damages are awarded which will not happen. Citrix will appeal, and likely new legislation will be passed by the time its all over thus limiting the 01 award. The law is moving in the wrong direction for 01 when it comes to damages.