<654 companies engaged...400 that are greater than 1Bil in size. 20 industry segments. Meeting with 96 percent more companies since last SHM. >
Based on the above and assuming 32 licenses per year (8/qtr) and
10% increase in license fees = 13 cents annual eps
20% increase in license fees = 15 cents annual eps
Based on the above and assuming 48 licenses per year (12/qtr) and
10% increase in license fees = 20 cents annual eps
20% increase in license fees = 22 cents annual epa
Assuming a modest multiplier of 10 to 15 then MMP could account
from a low of $1.30 to a high of $3.30 pps, depending on how much
future license fees increase, the rate at which new licensees can be
signed up and the multiple the market assigns. This does not factor in
any net profit or loss from other investments. And of course it assumes
that the PTO starts to recertify the patents. FWIW and IMHO.
Other comments/thoughts/estimates welcomed. Opty