While the S&P 500 stock market index was up 6.5% for the 4Q 2015, the PIPX (public IP licensing company index) was down 11%. 2015

While the S&P 500 stock market index was up 6.5% for the 4Q 2015, the PIPX (public IP licensing company index) was down 11%. 2015
Shares of public IP companies (PIPCOs) continued to fare poorly in the 2Q of 2015. The stock of companies with larger market capitalization tended to