Re: Drving the PPS Higher
in response to
by
posted on
Dec 27, 2007 10:18AM
With no offence intended to your thoughts, this is exactly the kind of thinking that is causing folks to bounce off the walls here. Anyone can throw speculative numbers around, and come up with a PPS that rivals APPL or GOOG, but is is all based upon the supposition of numbers that will be declared in the Jan and April Q's.
If those that are party to the details of the settlement actually believed that they were about to declare income of $200M, they would be letting us, and everyone else, know all about the bright and rosy upcoming future for the company, or at the very least informing us of the plan to become NASDAQ listed by June-July. After the Sony deal, most here are aware that this stock can and will fly on even the smallest demonstration that the patent portfolio is valid and legally enforceable. In that case, the settlement numbers were well short of everyone's speculations, and the company's credibility (and PPS) sank accordingly. I imagine that with the potential money that insiders will make from all of this, they would be sailing a tricky legal tack should they shaft retail in the same way twice.
The NDA suits our board very nicely indeed, as they cannot possibly be accused of price manipulation if they say nothing at all, unlike the last time. With any luck, the PPS will rise in April on rumor and speculation alone, and give everyone holding now the chance to get out ahead. Job done, shareholder value maximized.
It is my belief that the April numbers will be nowhere near $200M, the PPS will take another major hit, and we'll all be waiting 'till August for the signs of installment payments/recurring royalties etc. Maybe there will be, maybe there won't. Still, plenty of time for 10-20-30 buck-per-share speculation in places like these to keep everyone exited. The board know that the longs will wait it out again and keep hoping, traders will trade, insiders will profit. Throw in a couple of Holocom-type deals, a few million here and there from licences and all is as it should be in OTC-land.
Believe me - I want this NOT to be true. I want our CEO to be a smart, savvy businessman leading our company forward. I want all of the product-based recurring revenues and NASDAQ-listed company aquisitions we have heard about. I even believe that we have a board capable of doing such things if they chose to put their minds to it.
However, in the absence of evidence to the contrary, it appears that they have decided to give us the exact same thing as before. Just a different way hear it, and the promise of a whole lot more.