January 3, 2013
Vringo (NYSEMKT: VRNG ) recently made a claim that the search giant Google (NASDAQ: GOOG ) had infringed on a few of its mobile patents, and won its suit. The company holds several very useful patents for the burgeoning mobile industry. With payment talks from the lawsuit now potentially leaning toward regular royalty payments rather than a one-time payment, the company not only stands to gain a lot of money from this lawsuit, but could set a precedent for another major outstanding suit that the company has filed against the Asian tech giant ZTE. In this video, Motley Fool tech and telecom analyst Andrew Tonner tells us how Vringo's upside is incredibly exciting at the moment, but that there are a lot of unknowns around the company -- which means that building a solid reliable investment thesis is very difficult right now.
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