Friday, January 02, 2009 10:54:37 AM
But, don't forget, their worth won't be realized overnight so it's not like it's going to shoot to a quarter in a week.
But, the number $400MM has been tossed around before as a relative value that the patents could be worth. Given the shares out now that's over .30/share IF no more dilution occurs between now and then...if "then" ever happens.
I'm toying w/ the idea myself of flipping in maybe $1500 at these low prices and just write it off. IF something good happens w/ it then great, I can make a profit. If something REALLY good happens ($400MM valuation realized) then awesome, I can buy a house, mortgage free. If nothing happens then well, I've already written off the $1500 so no huge loss (not compared to the many multiples of that which this crooked market has already siphoned off me since 2000 :-/ ).
It's a gamble...always has been, always will be. Nothing more, nothing less. Here and on the big boards.
Good luck!
lns
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