I was speaking to a friend (and fellow member of this board) and he was saying something like this: ``Ten percent, so what? If they have thirty million bucks, and buy back about three million shares, how will that really help?`` I told him that in my opinion, his thinking is flawed.

I might have missed it, but many seem fixated on the 10% of proceeds buyback figure. That is the minimum the company agreed to expend toward that end. I believe the language was ``at least,`` or words to that effect.

In other words, let`s say PTSC has thirty million sitting in the bank and knows a lot more revenue (unannounced or otherwise) is set to come in. There is nothing to prevent the company from spending all of it to buy back stock, half of it, or 15% of it.

So the buyback numbers could be much more substantial than many are anticipating.

That said, the company is not going to repurchase a million shares a day because that would drive up the price. So doing it in small increments (25K one day, 50K another, and so on), will not boost the price, and if the price is sliding, all the better (from the company`s point of view).

As for some scam being played--enough of that FUT (How`s that FUTTHEWUT?) They would be pumping up the price to dump their own to make money, not work to lower the price.

It is difficult sometimes to turn on the net and see the pricing sliding, but knowing what the company has proclaimed publicly, and appreciating the value of the patents it holds, I am comfortable (gulp) with it.

Best

tps