InvestorsHub Logo

Go_Stocks

03/15/06 8:16 PM

#3433 RE: Pay_tience #3432

PP, thanks for your vote of confidence!

(1) Unlike QCOM or RMBS, PTSC doesn't need to continously do R&D on their patent. This is one major difference between PTSC and QCOM/RMBS. RMBS spent millions and millions a year to design and implement their patent/technology. PTSC's expense is so small, their profit-margin maybe 95-98% on every dollar they received from these companies. They only need to take a few bucks out to pay the management/directors and pay the office rental. They don't need to pay an extra dollar to lawyers from the money they received through TPL, TPL handles all the lawsuits.

(2) I think they don't need to raise any capital, this is why they distribute cash dividends to you guys. However, I suggest they should consider to buy some profit-making Chinese companies and expand their business, I could help them on this aspect. In several more years (I think by 2115 or 2118), their patents will expire, if they want to generate more income, they need to get into some other businesses.

Do you know which guy I feel so sorry for on the success of PTSC? The guy (Fish) co-invented the patent with Moore and sold the patent to PTSC for a few bucks to pay bills. He must feel worse than many folks sold PTSC at the pennies.