Re: Prophetically (IMO) where I think this is going
in response to
by
posted on
Feb 12, 2007 02:59PM
Having been in PTSC since 99, i've seen the momo swings dating back to the run to $7. Unless we have irrational exhuberance again, or buy a revenue producing, profitable company (for hundreds of millions), we will not see $7/sh again. With 400M outstanding, thats a market cap of $2.8Billion.......not likely IMO.
Dutton's report puts us around $400M market cap......very reasonable given today's circumstances. If we amass 100M in cash........what is PTSC worth? Without buying a profitable company..........not much of a multiple. Keep expectations reasonable.........anything under $1Billion market cap is possible IMO........over that??????????
biomedman