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Message: RE: Here us some proof PTSC may be another Qualcom - Precicia

RE: Here us some proof PTSC may be another Qualcom - Precicia

posted on Jun 12, 2006 11:50AM
But do you acknowledge the error in your understanding of the $260B number? That would go a long way in restoring some ``cautious credibility`` on this board. It hopefully would also curb your urge to post comparisons with QQQ.

On that subject, I can agree that PTSC may have some similar charteristics and potential. But the differences outweigh IMO. Did QQQ ever have any ``hair`` on it (i.e., underlying weirdnesses - partnered with former adversary with conflicting goals and which pretty much controls everything, heavy financing and lot of shares outstanding early in the game, financiers with conflicting goals and multiple avenues for extracting wealth at the expense of shareholders, possible litigation with a former officer and with an original IP developer, total dependence on a partner). The comparison fails.

PTSC is IMO a ``cash cow`` with a lot of hair on it. But the potential ``cash`` is a very large potential amount of money ($1 to $2 Billion, ultimately, IMO) going into a company with virtually no overhead. It`s like being totally dependent on a very eccentric, very rich uncle who will dole out large sums in relatively small pieces with no consistency and no consideration of your own situation, what with all those creditors and other people trying to take the money away from you. The key, though, is that the uncle indeed has a whole lot of money, most likely, to dole. That`s why I`m here.

But I KNOW nuttin`!

SGE

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