RE:Show me stockJoey67 wrote: The WILan sale would be welcome but like BlackBerry will they drag it out and then disappoint.
I expect share price to move up with the next quarterly results since the company's ratios will be considerably improved (P/E, etc). This may sound funny, but stocks usually respond well to those events, even with pre-releases.
As to the Wilan sale, I do believe it's a mistake to use what Blackberry did as a measuring stick. If Blackberry had sold all its patents and it came with a team that could get value out of those patents, I do believe the sale wouldn't have dragged on and they would have got a much better financial outcome. So, considering the sale of Wilan is of a different nature, while it may take time (nothing's guaranteed), I don't think the Blackberry sale can be used as a comparative.
Also, with the Apple settlement and the sale of Wilan, they should be able to achieve their goal to invest $500M in ITS businesses without issuing any additional share. The path to $100M EBITDA in ITS is open for the business and that should finally reward shareholders.