Some idle speculation on the settlement:
I believe I recall that POWI officials took a trip to Scandanavia several months ago. Nokia and Erikson might be disposed to utilize POWI chips, but POWI was still in litigation, and in that litigation MOT was accusing POWI of infringing on two of MOT's patents. Until the POWI/MOT trial and appeal was over, there would be question marks about the use of POWI chips. Nokia and Erikson might not be willing to be at risk of being sued by MOT. Therefore, there could be a settlement that vis-a-vis MOT would not be very good, but in the overall business plan would be a good settlement.
If this speculation were right, we'd hear about new sales agreements with either Nokia and Erikson, or maybe some other large co., soon, maybe on 4/17.
Also, it seems to me that at this price someone might want to make a buy-out bid for POWI. But I doubt it, because to put a bid together takes time, and no one wants to do that if the price will jump up on them while the bid is being put together, and because it would probably take a large premium now to take over POWI. But it is still possible, more than it was a week ago. |
