cibc's view worth nothing to meThe same analyst had a price target $90 (1999) because of wilan's "802" patent. He supposed to know this patent well. 13 years later he still gave $9 target price (the highest target price among the analysts as I known).
After the loss of apple case ("802" patent case) last year, he drastically changed his view on wilan's value. Now he vlaues wilan's patent worth nothing . He thought wilan worth only about $3.3 . 25% discount of the booked payment and cash, plus zero value of the whole patent portfolio. Correct me if i'm wrong). Now he still has not changed his view that much (his new $3.5).
His more than 14 years work on wilan worth nothing. Too bad. He doesn't really know wilan's patents and business in my view. He's losing sight..
good luck