Worlds Inc (WDDD)

[rolvram]

Activision posted revenues of $1.1b for the first quarter so an annual estimate of $4b is reasonably conservative. The patents and games in the MA suit covers at least half that revenue or $2b annually. A RAND rate of a very conservative 1% (normally 2%+) would then equal about $20M which over 5 years becomes $100M, never mind that infringement goes way beyond 5 years but taking into this the latest ruling due to mistake by USPTO and for the sake of a settlement negotiation. A settlement of $100M seems very reasonable on the part of Worlds. This would equate to a little over $1.00 per share. A conservative P/E of 5 puts the stock price at $5. Not taken into effect other infringers nor new business.

I can wait a year or two for this and believe Worlds will win or settle at or above my calculation. Today's market price seems like a great opportunity even though the stock is trading "by appointment" only and any buy side volume surely would drive the price up.

All above just my opinion, do your own due diligence.

REH