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Redeye states that while the Q2 report held few positive surprises, all eyes are now (once again) on the lawsuit. With positive development concerning the swipe-to-unlock patent in mid-July, the temperature is now rising. With a possible decision on whether or not to reverse last year's dissapointing Markman decision just around the corner, the stakes are high. However, as the stock market currently places a very low probability on a successful lawsuit outcome, the risk/reward is appealing. Redeye raises its Base Case.
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