Whoa..Advanced Micro Devices, Inc. (AMD), Intel Corporation (INTC) & Microsoft Corporation (MSFT): What Just Happened to My Stock?

It at least got a bit of a bounce higher yesterday, after it said it filed an update to specifications in the 3GPP LTE, SAE project that it says are or may become essential with an additional specification. It has now identified 18 specifications or developing specifications in the project. Apparently, investors see this as an opportunity to regain some of its lost momentum and it will be able to strengthen the club it’s been using to beat the wireless crowd.

The 3GPP LTE, SAE project is the wireless industry’s next-generation communications that seeks to improve the service provisioning and reduce user and operators cost. VirnetX has contended that it owns most of the critical patents related to security across the spectrum, and it has gone after most of the top names in the industry to enforce them. Until the recent decision with Cisco, VirtnetX had an unbroken string of wins, but that was clouded in the aftermath of the loss. In fact, many expect Apple to go back and appeal its loss as a result.

With new, updated claims, however, perhaps VirnetX is trying to prevent future losses and minimize the chance others will want to revisit their cases as well.

The article Whoa! What Just Happened to My Stock? originally appeared on Fool.com.

Fool contributor Rich Duprey owns shares of Apple, Cisco Systems, Intel, and Alcoa. The Motley Fool recommends Apple, Cisco Systems, and Intel and owns shares of Apple, Intel, and Microsoft.

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