NEA

It is incredible how when a company changes tack, the share price just does not stop rising.  But like father used to say, unless a company makes profit, eventually it will be a useless investment.  What he liked was, reliable dividends.

In previous years, NEA used to be IPR.  But fighting in foreign courts and often winning, does not give much profits.  Courts are often partisan...

When it took on Google Maps, it actually won!  When things free, it is not upgraded as frequently.  Nor is the resolution as good.  With a successful model and making profit out of its aerial maps, within a short time, NEA has gone from loss to doubling my paper profit.  This is a rare thing now as my resource stocks have plummeted.  I never sold any IPR because its business model is sound.  Here, patience has paid off.  And management has made the right decisions.