Conference Call UpdateI think the call with have to be positive, and positive relative to the analyst esimates that came out a few weeks ago that put a $9-14 target price on the shares. I would say their figures will either support these prices or provide evidence for even higher targets. Otherwiise, I don't think they would do the call.
The only drawback about this is that I doubt the analysts will issue new reports and targets until after the call. I was hoping for some right after they closed the BD (even as early as tomorrow). I doubt any of the analysts would want to put their neck on the line knowing that we will most likely be given a pretty detailed outlook on the projected settlement amounts.
It would also be nice if they announce on the call that they are bidding on the Nortel patents and that's why the BD's were needed. Even better if they can announce they actually won the bidding!
I would also expect the stock price to inch up as we approach Thursday's call...of course I thought the stock would be trading north of $8 by now too....
Good news coming!
Chi.