Fiscal '08 hit a record based solely on eVU revenues.
Fiscal '09 hit a new record revenues AND profits based solely on IP revenues. (6 settlements)
Today we are looking at a ramped up revenue strategy in terms of sheer numbers of infringers and raising the bar for settlement amounts. Coupled that with the reemrgence of eVU revenues and this is not a one dimensional company.
Are things improving?
With bad news longer an impediment, and good news looking to be continuing down the road, the pps will move.
When analysts pick up on this story of continuing improvement in numbers and expectations and PRs begin to hit a broader audience there is nowhere for this to go but up.
So much risk has been eliminated and so many good events have happened and look to continue to happen, all without concern for the overall global economics that one has to be feeling pretty darn good about owning this stock.