I have no interest in going long. I have a small short position that I may add to as I look into the story in greater depth.
I'd have to disagree with those who claim that the company can earn a royalty on a billion units. I don't know of any devices currently on the market that infringe on the patent as I read it. Who uses a pointing device to enter text using predictive logic? Wordlogic has a new system for entering text imo--it may even be a great system--but the world is doing just fine so far without it. Couple that with the incredibly rich valuation, huge run-up, and cheap stock and I think this one will tumble.
"The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life."
--Theodore Roosevelt