...Mr. Buffett realizes that PTK generates so much cash....he wants a piece ?
.........an excerpt from the first post...
What Does Warren Buffett See in IBM That No One Else Does?
“I think if you are Warren Buffett, you say, ‘I like companies that produce a lot of cash, that have high returns on equity and I like companies that ultimately deploy that cash sensibly, buyback stock, don’t do crazy acquisitions and have a lot of recurring revenues and profit.’ IBM fits all those criteria.”
Secondly, if Warren likes cash generators, imagine all those fund managers, world wide who buy picks for their funds.......on the same criteria ....of cashflow...are they going to want a piece ?
