Frank, According to what Dan told one of the stockholders, there's not much on the fire in terms of future settlements or royalties. As a result I think you're overestimating what they'll be getting there. It sounded like they have already received the bulk of what they are going to get. When you love something you tend to overestimate the value to others. I think the big GE settlement was the big one, they are already getting a few others and they are looking into a few more things. If they're still looking into them I don't think they have that strong a case, Frank. Otherwise the cases would be filed already. Interest income is also something you're probably overestimating. Look, they don't have as much capital and it's diminishing as we speak. So that will go down as the capital erodes. Joint ventures? Maybe a little something will turn up here or there, but if it's not happening now, when will it happen, if ever? Hard to bank on that or for it to be a lot, I expect. What is left of the all directions is probably just the HMC and the MRIs, and modest royalties and if any joint ventures pan out, something small -- there's nothing yet. There really aren't so many directions. If they pull something off that is highly profitable I'll be thrilled, but I just don't see evidence. Where they've been putting most of their energy is in trying to invent some better MRIs. I believe that is where their success may lie, if there is any success for them. It's questionable, because we've heard for so long about what they're going to do that's great and so far no radiologist can verify -- even something very good. They have been working to do something special and that is what they have been leaking to the Malcolms for years now, but nothing special has been completed.
Linda |
