Re: Folks, I am as frustrated as anyone about SP, head22
in response to
by
posted on
Feb 13, 2008 11:08AM
This is where mgmt should do their job and manage the situation, which IMO, they are not.
What is it you would like management to do? I guess we could have a little more pr but that creates nda issues. Remember the stricter the BOD are with the nda only tells me that the settlement is so good that they do not want to blow it and they know the facts will come out soon enough. IMO the reason for the sp is:
1. Shwarz dumping shares everytime there is good news; and
2. Concerns about the long term future of this company after licensing revenues dry up.
No. 1 will be resolved at some point because he will run out of shares. No. 2 will be resolved with the right acquisition that creates an ongoing, indefinite business operation. Turley made it clear back in October that his vision of the future is to see "boxes going out the door" with a marketable product. With the amount of money that ptsc has to play with, I believe it will be a outstanding acquition that will have plenty of working capitol. The confluence of Schwarz running out of shares (or deciding to hold after the acquisition) and PTSC acquiring a solid business operation (boxes out the door) will send the sp through the roof. But I guess we will see.