I have been out this week so far so I don't know what analysts are saying about TSRA -- no news as of yet so again its hard to know why the stock is plummeting. The ITC trial has started and perhaps it doesn't appear to be going well. There are rumors on yahoo about a patent being rejected and about omnivision coming out with a competing technology for wafer level camera lens, etc. but I don't think that would be enough to get the stock down so much.
the company has been adamant that there were no new arguments being made by the defendants and that therefore they expected a similar result. are they too cocky? are they being too obstinate about settling -- could it be that the defendants have made reasonable offers but TSRA is out for more?
Don't know yet.
On the positive side is UEPS which just won a contract to start up UEPS service in Iraq -- cool stuff.
No comments:
Post a Comment