Google (GOOG) is out there buying Motorola Mobility Solutions (MMI) for $40.00 per share just to get their wireless patents. Motorola the grand old dame of cellular wireless has been stacking up these communications patents going all the way back to their co-invention of the "Walkie-Talkie".
LG Electronics, Motorola Mobility, InterDigital, Nokia, Samsung, Apple, EMC, Ericsson, Microsoft, Research In Motion (RIM) , Nortel, Huawei, Freescale, NEC, Sony, HTC, Samsung, ZTE, Oracle, Google, and of course Qualcomm all are lined up in the wireless patent owners parade, 2G, 3G and 4G.
As pure patent investment plays Qualcomm (Symbol QCOM) and Interdigital (IDCC) have done very well over the past few years. Enter here a new name that came to my attention the end of last week in the NASDAQ unusual sales volume column on their website.
I started working on this blog back on the weekend and if I had typed faster and got it posted, I would have saved you a few bucks per share on ACTG that went up over the last few days. This pure patent play had 2011 earnings of $1.24 per share and 2012 projecting out at $1.82 per share.
5 year sales growth is 33.13%. One year Total Return is 63.8% Three year total return is a staggering 1,168,8% . (Stats from Smartmoney.com Peer comparison page). The forward PE on the stock is 23.8 .
Speaking of Patents and Content idea Piracy, Freewilly's Stockpicker Blog supports the Wikipedia, Google and other websites today in protest of the government proposals in Anti-Piracy laws, (SOPA), on the Internet. Writers on the web need to responsibly cite public content sources with references when using content from other sites, just like you would with writing in any other media venue. We do not need or want the government and lawyers imposing censorship at there own whims for content on the web like the Chinese do.
If someone has a good idea share it, and cite it! You can also include links back to the original content in your articles if it is relevant to explain what you are trying to say.
So keep coming up with those great wireless ideas to patent and make sure you are getting full credit for them! Freewilly Keep speech Free and unencumbered on the web!
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