MIPS Jumps: Benchmarks Ups To Buy On Patent Value - Congoo

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MIPS Jumps: Benchmarks Ups to Buy on Patent Value

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Minyanville | May 16, 2012

The Benchmark Companyâ??s Gary Mobley this morning raised his rating on shares of chip maker MIPS Technologies (MIPS) from Hold to Buy, with a $10 price target, writing that his estimate for the present value of the royalties from the companyâ??s 580 patents is $183 million, or $3.40 per share, give...

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