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Message: Re: Possible S & L - ease

Dec 19, 2006 06:24AM

Dec 19, 2006 06:27AM

Dec 19, 2006 07:02AM

Agreed. As for S&L selling and the other (countering) possibility of PTSC buying shares, the volume on a day-to-day basis isn't really the determinent. Nibbles, possibly on both sides, for a balancing act over a long period of time.

If this speculation is correct, S&L may be cooperating to a greater degree than we imagine. Their selling, a bit at a time - driving the PPS down a bit at a time, creates a greater opportunity for PTSC to be buying at lows. Meanwhile, the S&L selling enable their conversion of warrants while staying short of reporting requirements.

I really hope that's what's going on, and that things are being orchestrated in this fashion. If so, all this complaining about the ineffectiveness of PTSC management/BOD will be muted. Other than the weak PTSC buy-back reported to date (albeit a couple/few months ago - so things may have changed to match the above), this could explain the PPS action since - well, about the time PTSC last reported their (weak) buy-backs, and then probably received a ton of complaints for not being a lot more aggressive on that front.

This assumes that PTSC LISTENNED to all that bitching and moaning, and acted on it; and that S&L are indeed cooperating for the betterment of PTSC, its shareholders, and ultimately THEIR investment.

But, alas, LOGIC would have to be in play.... But it would explain the PPS action. The next 10Q should reveal the answer. If this speculation is correct, and logic and business smarts (as I see it) are at work, my respect for management would be greatly enhanced.

But I KNOW nuttin'! BTW, the positive feedback re: my posts this morning is appreciated....

SGE

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