There are still 5 months to the year end and I expect licensing to grow much faster since the Marshall settlement and the additional 6 licenses since December 3.
As TPL have "met with 81 companies", I would expect at least 20 more to license by year end, all now paying higher fees. It is for this reason that I still maintain my belief of an eps of not less than $1.00 for the year. Remember, "Over 300 of those companies have revenues exceeding $1 billion per year, and over 220 of the companies put on notice have responded"
http://www.ptsc.com/news/press_releases/2007notes.asp
Turley will have been kept updated as to licensing progress: numbers in advanced discussion; likely time frame; and approximate fees being negotiated, and for this reason I can see no reason why he can't give a full year earnings guidance with the upcoming 10Q.
Please try the math for yourself and see what eps you calculate with the above variables.
Be well
