Sony Loses $18.5 Million Patent Infringement Suit

**admin** · 23 Nov 2008, 02:33 PM

Quote:

Sony has been ordered to pay $18.5 million for infringing on a patent held by Agere Systems for a "wireless local area network apparatus," reports PSPFanboy.

http://blog.wired.com/games/2008/11/...rdered-to.html

**blutach** · 23 Nov 2008, 04:26 PM

Please find an emoticon for my heart bleeding for them.

Won't affect executive bonuses though. Even though in January of this year, SNE was over $55 per share and is now less than $20 (64% in less than a year - that's a whole lot more than even this market has fallen).

Hope all their folks who have "earned" oodles and oodles of stock options for suing little people are having a real good time.

Regards

ed klein · 23 Nov 2008, 11:54 PM

Yep, but its really just a small dent in the bucket for Sony.

As any financial advisor would tell you, don't sell it, sit on it. Historically the market has always come back.

In 18 months Sony stock will be back up to $55. per share.

And, I would bet Sony's legal department has at least a budget of 1 billion dollars to pay off the incoming legal suits.

This is big time corporation, just a dent in the bucket for Sony.

**blutach** · 24 Nov 2008, 01:40 AM

But it's good to see them suffer. Look at that PE ratio!!! I've sold private companies for PEs much higher than that!!! SNE is being traded almost as a "penny dreadful". Perhaps if they slashed their legal bill and devoted more to product development and marketing, their share price would be higher.

Regards

23 Nov 2008, 04:26 PM	#2
blutach Not a god of digital video Join Date: Oct 2004 Location: is everything! Posts: 24,547	Please find an emoticon for my heart bleeding for them. Won't affect executive bonuses though. Even though in January of this year, SNE was over $55 per share and is now less than $20 (64% in less than a year - that's a whole lot more than even this market has fallen). Hope all their folks who have "earned" oodles and oodles of stock options for suing little people are having a real good time. Regards __________________ Les *Essential progs -* [PgcEdit] [VobBlanker] [MenuShrink] [IfoEdit] [Muxman] [DVD Remake Pro] [DVD Rebuilder] [BeSweet] [Media Player Classic] [DVDSubEdit] [ImgBurn] *Media and Burning -* [Golden Rules of Burning] [Media quality] [Fix your DMA] [Update your Firmware] [What's my Media ID Code?] [How to test your disc] [What's bitsetting?] [Burn dual layer disks safely] [Why not to burn with Ner0] [Interpret Ner0's burn errors] [Got bad playback?] [Burner/Media compatibility] *Cool Techniques -* [2COOL's guides] [Clean your DVD] [Join a flipper] [Split into 2 DVDs] [Save heaps of Mb] [How to mock strip] [Cool Insert Clips] *Real useful info -* [FAQ INDEX] [Compression explained] [Logical Remapping of Enabled Streams] [DVD-Replica] [Fantastic info on DVDs] You should only use genuine Verbatim or Taiyo Yuden media. Many thanks to www.pcx.com.au for their supply and great service. Explore the sites and the programs - there's a gold mine of information in them *Don't forget to play the Digital Digest Quiz!!! (Click here)*

23 Nov 2008, 11:54 PM	#3
ed klein Banned Join Date: Mar 2004 Location: Over The Edge Posts: 880	Yep, but its really just a small dent in the bucket for Sony. As any financial advisor would tell you, don't sell it, sit on it. Historically the market has always come back. In 18 months Sony stock will be back up to $55. per share. And, I would bet Sony's legal department has at least a budget of 1 billion dollars to pay off the incoming legal suits. This is big time corporation, just a dent in the bucket for Sony. Last edited by ed klein; 24 Nov 2008 at 12:00 AM

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24 Nov 2008, 01:40 AM	#4
blutach Not a god of digital video Join Date: Oct 2004 Location: is everything! Posts: 24,547	But it's good to see them suffer. Look at that PE ratio!!! I've sold private companies for PEs much higher than that!!! SNE is being traded almost as a "penny dreadful". Perhaps if they slashed their legal bill and devoted more to product development and marketing, their share price would be higher. Regards

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