Re: New Cohen *FULL* Research Report on PTSC is OUT (1/5/09)
posted on
Jan 06, 2009 08:32AM
You have to remember that the patents got us the income to be in this position.
The patents may still bring in a lot more money. I am betting on that.
Betting on it? Heck, I'm counting on it! I didn't sign up and sink my money into an unkown software start up company, (although that's apparently where I am now). I invested in a patent that was going to make buttloads of money. And this company has made buttloads of money. In fact, I would like to know where all the buttloads of money that this company has already made gone? Into the hundreds of employees payroll that we have? Into the manufactuaring facilities that we have? Shipping and receiving? Back office overhead? (These were rhetorical questions).
Anyhow, if this company can make some consistent money as a software company; great! But I would like to point out that we as investor are always waiting for what's just around the corner. It's always going to be next month, next quarter, next year that the money is going to start rolling in. I've been waiting for some time myself now and I'm big time upside down in this stock.
I would like to point out that we have been let down so many times and been disappointed so many times that we are finally being more realistic and cautious about what is told to us from the company and when we might actually really start making some real money.
On a positive note, I would like to say that I think our new President is being much more realistic, forthcoming, and honest about what is going on and in setting future expectations. I wish I could feel as good about some of our board members...
- 67GTO