RETIRE.FUND: WiMAX

Showing posts with label WiMAX. Show all posts

Thursday, January 7, 2010

The dark horse of mobile web technology

Wilan Technologies has been one of our favorite stocks since it began refocusing from it's 1990's technology development and now is focused almost entirely on licensing and defending it's many patents in wireless, internet and video. We have been acquiring more of this stock for the past 9 months.

Today this stock rose 11%, and we feel it is just the start of a realization of some tech investors that it is truly a "patently valuable company for the 21st century"! Most Wilan technologies were developed over 15 years ago, but the company is only now being recognized as holding the underlying patents for many of today's top tech toys and business applications.

Over the past two years (Since it has been aggressively protecting it's patents and licensing it's technology) Wilan has signed licensing agreements with 212 tech companies worldwide including many of the biggest brand names as shown here:

This year, 19 more companies, including Apple, will be forced in a Texas Court Case, to either pay for their past transgressions involving these patents, or to license them from Wilan.

Wilan inventions include:

3G Cellular– A range of wireless communication technologies used in modern cellular handsets.

Bluetooth^TM – A wireless technology that sends and receives data over short distances, creating a personal area network (PAN).

DOCSIS – A standards-based technology to provide high-speed internet and other data over coaxial cable networks.

DSL – A standards-based access technology that provides broadband Internet access over twisted pair telecommunications wiring.

Wi-Fi – The underlying technology of wireless local area networks and other products based on IEEE 802.11 specifications.

WiMAX – Broadband wireless technology that provides longer-range wireless connectivity based on IEEE 802.16 specifications.

V-Chip – A technology that allows users of multimedia devices to filter out programming they consider inappropriate for their children to watch, whether that be from a television broadcast, DVD/VCR/DVDR or computers that have the ability to receive and process broadcast signals.

Wilan has been making money throughout 2009, in the toughest market conditions, is expanding it's business monthly, increasing cash flow and profit and began paying a dividend in 2009. It's management is completely focused, motivated and is professionally suited to the task of increasing shareholder value.

As I have said for the past six months, we believe Wilan is at least a $10 Stock (probably more) and it is still trading under $3. Last month we doubled down on our investment in Wilan Technologies, even though our initial purchase was already up over 65%. We initially bought Wilan at 1.45, doubled down at 2.40, bought more at 2.94, 3.00 and 3.01

This stock is going much higher. Don't wait!

Related: Wilan signs 212th licensing agreement

Analysts: 4 Buy 2 Strong buy

Update: Feb 9/2010 Buy Recommendation

Update March 3rd 2010 - Financial Post - Wilan on verge of Windfall!

Important date for Wilan Technologies: March 11th 2010 - Texas court case - Markham hearing, where a who's who of major companies, including Apple Inc., Dell Inc., Hewlett-Packard, Intel Corp., Sony Corp. and retail chains such as Best Buy Co. Inc. and Circuit City Stores Inc.will find out how much they have infringed Wilan's patents. Look for a settlement and possible licensing agreements which will bolster Wilan's bottom line.

Related articles by Zemanta

Saturday, August 22, 2009

Microsoft ordered to pay $490M in Patent infringement case.

Image via CrunchBase

A small Canadian technology firm, i4iLP , is being heralded as the "David" who took Goliath to court and won. Microsoft was ordered to pay i4i $290 Million in a Texas court for infringing i4i's patents in xml, as they were utilized in it's MS word product. Not only has the court found in favor of i4i and ordered the reward, but it has also ordered Microsoft "not to sell" MS Word in the United States.

The case is: i4i Limited Partnership and Infrastructures for Information Inc vs Microsoft Corp, U.S. District Court, Eastern District of Texas, Tyler Division, No. 6:07CV113.

This case is not unlike a similar Texas court case involving another small Canadian Company, Wilan Technology Inc , who has sued 20 major wireless companies including Apple and Intel, for infringing on it's many wireless patents for Wimax, Wifi and other applications.

Wilan , (WIN/TSX) traded yesterday at $2.18 per share. It has already won patent infringement lawsuits against other wireless companies and has signed licensing agreements with 180 Tech companies over the past two years. I happen to believe it is extremely undervalued. that is why I increased my position this spring by over tenfold.

Some legitimate bloggers (and some infringing companies disguised as bloggers) like to vilify such companies, calling them "patent trolls" etc. however in these two cases, they would be wrong. In both cases the companies were started up in the early 90's by serious techies with great ideas, who created great technology but didn't have the legal know how or resources to protect their intellectual property.

It appears that i4i took a patient route in protecting their xml technology against the infringing company, Microsoft. Wilan's problem was that, because it owns so many of the underlying patents for current wireless technology, (over 550 patents) that many companies would not have the products they have (blackberry, ipod etc) had they not infringed on Wilan's patents. Because of this, two years ago, Wilan replaced it's tech centric CEO with a top U.S. patent lawyer, Jim Skippen, and from that moment on, a professional team was put into place to go after the infringing companies.

The first results have been many licensing agreements with the likes of RIM (Blackberry), Nokia, Westinghouse, Agilent, TigerDirect, Casio, Infinion, Samsung, Fujitsu and many more companies who were infringing on it's patents. 20 others, including some of the largest like Intel, Apple, Motorola, Broadcom, Acer, Marvell and Sony, are currently in a Texas court trying to fend off the inevitable.

The Patents number 550 and include: (from http://Wilan.com)

CDMA – A third generation wireless platform

DOCSIS – A standards-based technology to provide high speed internet and other data over coaxial cable networks

DSL – A standards-based access technology that provides broadband Internet access over twisted pair telecommunications wiring

Wi-Fi - The underlying technology of wireless local area networks and other products based on IEEE 802.11 specifications

WiMAX (4G) – Broadband wireless technology that provides longer-range wireless connectivity based on IEEE 802.16 specifications

V-Chip – The V-Chip patents allow the user of multimedia devices to filter out programming they consider inappropriate for their children to watch, whether that be from a Television broadcast, DVD/VCR/DVDR or Computers that have the ability to receive and process broadcast signals. The Federal Communications Commission has mandated that the V-Chip be included in all digital television receivers and digital reception devices offered for sale in the United States.

A number of followers, including this writer, believe that Wilan will be trading between $5 and $10 by the end of the year. Personally I think it is a $25 stock in waiting. that is why I have increased my holdings so much. It now pays dividends, albeit small, but the outlook for years to come is very bright. It owns great technology, has a dedicated hard working management team, has increased it's income solidly during the worst financial crisis since WW2 and it continues to sign dozens of new licensees every month.

Caution, don't invest in this or "any" company based on what you read in blogs. Do your own research, and consult with an experienced investment adviser before you buy any stock or mutual fund and always remember:

"Look after the pennies, and dollars will look after themselves"!

Thursday, June 11, 2009

A "Patently Valuable" company for the 21st Century

Image by zone41 via Flickr

From the laptop to the palm. From the Blackberry to the Iphone. RIM, Apple, Google, Intel! In every country, in every business, and in every home, wireless technology is sweeping over the planet.

While investors clamor for a piece of Research in Motion (RIM) or Apple, a small Canadian company may emerge as the dark horse in wireless investing.

Wilan Technologies (win-tsx) of Ottawa, has been quietly increasing in value this spring, on the strength of it's wireless , Wi-Fi, Wimax, VChip and other patents. As of April 30th, the firm had signed 62 wireless and 112 V-chip licenses with 180 tech companies worldwide, for the use of it's patented technology.

Recent licenses for Wilan's patented technology have been signed by: Samsung, RIM, Infinion, Nokia, Fujitsu, Westinghouse, Red Line Communications, Pantech and many others. At present, Intel, Apple, LG and 18 other companies are currently in a Texas Court trying to stem the inevitable.

With almost 550 patents for the underlying technology for many wireless and other applications, such as cdma, docsis, wi-fi, wi-max, v chip, bluetooth, etc. etc, it is no wonder that investors are waking up to the value in this small Canadian company.

Wilan has increased it's earnings projections three times this year, and has announced it will start paying dividends to shareholders who are shareholders of note on June 29th.

As I pointed out in past posts , I have held the stock for over 9 years, but this year, because of this great story, I increased my holdings 10 fold. That was in March.

Last week I "doubled down" on that!

WILAN advises it has licensed its patented, intellectual property to over 180 companies worldwide.

This from the company this week: "Inventions in our portfolio have been licensed by companies that manufacture or sell a wide range of communication and consumer electronics products including 3G cellular handsets, Wi-Fi-enabled laptops, Wi-Fi/DSL routers, xDSL infrastructure equipment, WiMAX base stations and digital televisions. Wi-LAN has a large and growing portfolio of more than 550 issued or pending patents ".

All this is happening in the middle of the worst recession since WW2. Management has a large stake in their own company, are increasing their patent portfolio, are fierce protectors of their patents, and they are making money! Now they are paying dividends which can only grow in the coming years.

I won't be selling my Wilan stock any time soon. It has too much upside. I will be buying on the dips, which, due to it's recent upswing, may come as early as this week, and I will do this "before" Wilan gets listed on NASDAQ or another U.S. exchange. Once that happens, there will only be one way to go, and that is straight up. Even without a NASDAQ listing, this is a $10 stock trading currently at $2.

My favorite company!
Wilan Technologies

Commentaries from other sites/sources about Wilan Technologies!

Business Week
GlobeInvestor
TeleClick
Wimax.com
Reuters

Update June 24th 2009 Casio Licenses Wilan Technology

June 29th Wall Street Journal Canada's Hot Stocks

Update Sept 3/09 Wilan Technologies long term rosy outlook Canadian Press!

Friday, June 5, 2009

You got to know when to hold em, Know when to fold em, know when to walk away, and Know when to DOUBLE DOWN!

Image by Getty Images via Daylife

(My apologies to Kenny Rogers)

Because of events occurring this week, I decided today to "Double Down" on my favorite stock. In a previous post I told you that three months ago, I increased my holdings by a factor of ten. Now that's a lot of optimism, but there is good reason for it.

My favorite stock holds 520 technology patents mostly in Wireless, and traded (at least on Friday) under $2 per share.

They own the underlying patents for Wi-Fi, Wi-Max, cdma, docsis, DSL, V-chip Bluetooth, and many other wireless applications.

Just this year, they have signed 27 companies to licensing agreements including such high tech darlings as Research in Motion (RIM), Infinion, Westinghouse, Pantech, and Samsung. Most of these are for long term Royalties. If a company is using wireless technology, anywhere in the world, they will need to sign similar agreements.

On top of that, this small, Canadian company has a strong cash position, very little overhead, earnings increasing every month, and they just announced their first "Dividend distribution", for shareholders who are shareholders of note on June 29th.

Now, can you guess who my favorite company is?

Have a great weekend!

Update June 9th 09 - My favorite stock jumped 19% today! I believe this is just the beginning!

RETIRE.FUND