The share price should hold up well this week as news is pending on a number of fronts. Where it goes from here will depend on that news, the timing, and order of its release. I’m on the very edge of my seat in anticipation.

Whatever IP revenue is reported in the 10Q will be as good a guide as any in speculating the IP revenue for the current quarter. I would simply take the amount from the upcoming 10Q (Casio) and multiply it by 4 (for Nikon, Olympus, Sanyo and Avid)... which should yield a conservative estimate. Even if Casio only paid 1 million, that would figure at 4 million already for the 4th quarter with 6 weeks still left to go. Even cutting that amount in half to allow for DM’s take and EDIG still banks 2 million in cash. That’s still pretty good for them at this stage of the game. Hopefully I’m being ridiculously conservative ;-)

My sense is that we’ll see the 10Q yet this week but we shall see. I’m also hoping for a business update as well though there’s no guarantee. It should be possible for them to foreshadow another record year or otherwise hint at their current (or soon to be) cash position.

Good luck to us all.

- Sinkman