"I wonder if the market is smelling another small acquisition..."

I think you, and countless others on the board, give WAY WAY too much credit to the market.

IMHO, the market isn't smelling anything. the volume in PTK has been, and continues to be miniscule. there is VERY little information in the stock price. I think Rainer stated the obvious truth this morning, that it will continue to "drift" (as in have no meaningful trajectory or motion) until people start wanting to play new information in the October timeframe.

PTK is not IBM. (obviously). there IS information in the price movement of IBM, because thousands of people are participating in the voting--every day! PTK, not so much, right?

the whole premise of value investing is that you disagree with the market. the disagreement leads to action (buying shares), and then you wait. we are all waiting for the market to agree with us. yes, it is taking longer than we expected, but if we could all channel our inner "aspie" and behave like Spock (head) instead of Kirk (heart), we might feel better.

listen to the company, not the market. communcation isn't great, but they do have a plan and our expectations should be based on it.