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FNJN - Finjan: Upcoming Catalysts Present An Opportunity For Upside
Finjan Holdings Inc.
A little over a year ago I wrote an article that placed a valuation on Finjan Holdings (FNJN) using discounted future cash flows. I’d come to the conclusion that the stock was conservatively worth around $3.20 per share, and when the stock peaked at that price in mid-February of last year, I was lucky to escape with a profit.
It now seems that a lack of activity in the company’s litigation pipeline has pushed prices to recent lows and again I see an opportunity for upside. While the negative outcome of one of