Re: "Less than four months later, Sony agreed to pay $40 million" Gil
posted on
Jul 19, 2007 09:04AM
You might be right on that after the dust settles but we don't know if they will name a "SONY" type company followed by another "SONY" tyoe company or not. Remember there were 174 companies earmarked as of late '06 and much more due diligence has been done since then.
Ampex named but one company as far as I can tell, and the market reacted with vigor at a time when we were still in the post bubble "funk".
PTSC ran from under a nickle to over $2.....I'd take a 40 fold move from here, how about you?
No one knows the "true" value until the game is over....and it doesn't do much good at that point. I'll take what the market wants to give us as it tries to sort out the reality of the day. There is always a dissenting opinion on any stock. Think Apple is worth $140 ?
You think those AMPEX investors who moved from $2.50 to $5 and sold made a good move after seeing it go to $50? Would you take $0.34 for your EDIG today, tomorrow, next year this time?
I like where EDIG is positioned right now knowing where their efforts are focused and looking at how the market values IP.