Lamber..crazy et al...folks....too argue over...
posted on
Jun 11, 2008 11:36AM
the value of the MMP is probably not worth the key strokes it takes to enter the post. Lamb's numbers have always had a rhyme and reason to them and for that I respect him and his numbers however I have long come to the conclusion that attempting to put a true worth on our patents is a major guessing game at best. As long as TPL controls the methodology in every respect and keeps it's game plan closer to the vest then any NFL Super Bowl team ever has there can be no definitive value placed on the MMP that can be pointed to as the one and only known value.
As for me the reason I invested in PTSC in the beginning and am still in is two fold. First, I have made money in this stock. I was fortuante to take my inital investment plus off the table a long while back and I stayed with the company as my inital reason for investing never really changed. Second, I invested in Patriot for the value I saw in the patents and how with my limited tech knowledge it appeared that they covered a vast number of the chip applications that were in use then and even more so today. This reason has also not changed although I wait with baited breath for the pto results as the those results could either make the patents all that much stronger in fundamentals or could blow the second reasons rationale I have listed out of the water.
A few days ago when the sp was hovering in the 17 cent range I suggested it was a good time to be bold. So far so good with that suggestion and I just hope that we maintain that direction. I would not be surprised to see a test of the low though I am not predicting it as I believe that barring a negative pto review we are heading back up. It could be because of the value Lamb has placed on our asset or for any of a dozen other reasons however to all I would like to suggest patience as this plays out it could get interesting.
I would like to see a informative pr from the company regarding their take on the SC ruling and I am very interested in knowing how many shares have been repurchased and what our float currently is. But until then I will take a deep breath, look forward to reading the analysis of Ron, Brian, Ba, ease, Kidd, Lamb and others and I suggest that everybody do what you have to do to sleep at night and to all I wish the best.
God Bless
Marc