I bow to your football team
posted on
Oct 08, 2009 02:07PM
First and formost I wanted the Chargers to draft Big Ben but to be honest Rivers is A OK and if he did not have the arm he has the game on Sunday would have looked like a pop warner team against the Steelers ..... as it did the first three quarters looked like the Chargers were a High School team and even then my sons old school where he was a "star" Won State last year (the first time Ca. has had State championship games) and so far is 26 - o dating back a few years now and they could beat the Chargers. Norv Turner is not exactly my idea of a Head Coach, AJ Smith is full of himself and the Spanos family who is from Stockton wants to move the team to the City of Industry up in the LA areas (that city is all industrial and has a voter base of 85) and so I think might be purposely sabotaging the team with the coach etc so San Diego will not support the team and then they can use that as the excuse to move to a new Stadium up there. It is so bad here and corrupt that the State legislature has passed a bill that says that the City of Irvine can build a football stadium without an EIR???? A liberal democratic tax everything and starve farmers of their water because of some smelt to save the environment but let a football stadium be built on what 100 acreas without an EIR. Tell me the pockets havent been greased and the fix isn't in? Steelers as I have said each time to you is my second team and you are right maybe it is time to make them number 1. I am happy to see ptsc moving along and I am looking forward to see your # projections but I think Ron and Brian are right and you that there is something fishy going on here. I am really tired of the folks on the board talking about the trip to the moon etc..... We have over 400 million shares outstanding and a share price of $2 today would give us a market cap of 800 million which unless we get some idea of what is going on is not justified in my mind. Just some simple math...... say there are still 300 viable infringers.... and the average payout of these infringers (some much more and some much less) is 10 million (I hope) that would be $3 billion but the expenses the way tpl cooks the books say is 100 million and then of course we divide by two so ptsc is looking at 1.45 billion in gross revenue. Then we have to take care of the losses from our subs which say is 100 million and of course bonues to our great board and mgmt which will amt to another 50 million so now we are at 1.3 billion. Now we are at the tax stage which with Obama could go through the roof but lets just say fed and state amount ot 30% (way way low) that leaves us with 900 million in net over how many years?????? which gives us a net of just over $2 per share over how many years???? If I was not in so low and if I had not bailed at over $4 a decade plus ago and then some more at $1.85 a few years back I would be more concerned but since I am playing with opm I am not worried but ...... Nick, now you see why I have not posted this on the main board as I would be considered a basher. I converse with Ron and Brian regarding my thoughts but I do not want to get lynched so.....
Now, I hope I am wrong with all of this and hope that tpl and ptsc sell out to IBM and we get I share of IBM for every 35 of ptsc we hold. That would make me happy but I do not think it is realistic.
Well I take solice in the fact the Chargers will not lose this weekend...... they have a bye... but Denver at 4 -0 is coming in the following Monday night so......
God Bless
Marc