PCsReasy / Re: Here's a quick thought
in response to
by
posted on
Oct 24, 2007 11:08AM
I think that with a $250 Million settlement in Texas with the J-2.5 and a win in our appeal re: the 584 and subsequent win against ARM we could easily achieve and maintain a $5 share price. We would, of course, need a fair and equitable P/E close to industry average of 39. Couple the aforementioned with Holocom and any other M/As and we should be good.
What I see as our main problem is there is still a great deal of selling into every piece of good news. It's happening each and every day, all day long! We all know that the Lincoln warrants have been retired. That explains what was happening before, but what about now? Someone with alot of shares is continuously dumping their position! Anyone know of anyone who might have that many shares??????
GLTA