Tech Stock Valuation

Tech Stock Valuation

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qTech Stock Valuationq extends the RaD literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the book demonstrates that stock-price effects of patent output are most pronounced in the case of of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give tech stock investors and RaD managers a tool that can be used to measure RaD program effectiveness. At the same time, it gives investors a tool to help them assess the value of hard-to-measure intangible assets.The expanded service would include local, intrastate, and long-distance phone calls; cable; and Internet access for a flat, monthly fee. ... Of course, Internet access penetration of the overall market is presently way behind cable TVa#39;s penetration, but the number of ... This means that ATaamp;T and Comcast were willing to pay in the neighborhood of 3.5 times anticipated annual revenue per customer.

Title:Tech Stock Valuation
Author: Mark Hirschey
Publisher:Academic Press - 2003

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