Thursday, November 29, 2012

Dougherty & Co Sees More Upside for Immersion (IMMR) after Google/Motorola Deal


>> "We view Google/Motorola's decision to license Immersion’s haptics technology (ahead of an early 2013 patent infringement trial) as a seminal moment in Immersion's history," analyst Charlie Anderson comments. "Even though the stock moved up 35% on the news Tuesday, we believe the shares at $6 are significantly discounting the impact of this event."

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