I come up with different market values depending on news, market conditions, notability of infringers, hints of settlement numbers, press exposure, etc etc.

My target has nothing to do with what will actually happen. My initial target when first buying EDIG around a dime was around .31 in 1999 based on a "professional" analyst's valuation. 9 months later it was at $24...so what formula makes any sense? Fortunately I did not stick hard with any valuatioin and let the market decide.

What I do know is that EDIG is about to become a cash cow with virtually no overhead to speak of and they have a patent portfolio key to tangible growth markets and billion dollar companies buy up patent plays all the time....few with real time dollars coming in as a bonus incentive.

EDIG does not need a buyout considering they are looking at 100s of millons of bottom line dollars with the coexisting asset of an $78 million tax loss carry forward.

With resources like that Willie and company can transform EDIG into a great company via merger and acquisitions or current business expansion.

There is a lot more room for this to develop on so many fronts.

I still think 8 is the new 24, adjusted for outstanding shares only, but if infringers cave rapidly and revenues begin to show steady growth, who knows where we go this time.

A nice thing about a buyout is that we all get out at the top...lol.