TSRA -- ITC should rule on the stay appeal this week -- I think the odds are good that the appeal will be successful and the stay will be lifted. I'm not as confident that if they get the same judge their odds of winning are all that good -- he has proven he knows nothing about patents so seems like a wildcard to me. AMKR gets started on monday -- ruling in early may to June - worth 1-2 hundred million so a big deal. downside to the $10-14 range if they lose the stay appeal.
UEPS -- if the South Africans could just keep their electricity on! ugh! That's the story I hear is that the country is falling apart and tearing at the seems with no electricity. Won't impact UEPS as much (off line system) but social unrest is never a good thing. Also the rand is the one declining currecy relative to the $ -- how can you be that unlucky to pick the one currency in the world worse than the dollar? Still a big believer. could easily reach the $30's on news of nigeria or ghana or south africa about faster take up or more fees per card, etc.
No comments:
Post a Comment