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Has Google wasted $12bn on a dud patent poker-chip?

http://www.theregister.co.uk/2011/08/15/google_motorola_the_...

I've done so once before, but I've not seen in any other comments anywhere in these threads mentions of this notable insight, "Motorola Mobility held $5.5B in cash and deferred tax assets; this could put Google's (GOOG) real purchase price around $7B."[1]

[1]http://seekingalpha.com/article/278932-can-motorola-mobility...

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