Ptg-good long term investment(not gamble)

The outstanding shares as of august 19th is 3,941,885 from 4,300,885 as of 8-5-05, due to the recent buy back from ex employees.

Actual p/e weren't for the extra expense for the recent sale and with the new outstanding shares is 19.89.

Actual 2nd quater profits were .25 but was .17 cents due to the extra expenses.

2004 2nd quater was only 3 cent profit a 830% gain in profits.

Company has no debt.

They have anohter 5 million left over for buyback , bought at today's price would make the oustanding shares 3,499,015. Makes their 2nd quater earnings 31 cents which would be 1.24 earnings for the year if they do the same performance for 3rd quater and 4th.

So with an avg p/e of 25 , right now actually 20 with eps of over 1.20 if they do the same performance for 3rd and 4th quater, the stock should be trading 25-30 dollars per share by 2006.

I feel is this a very safe investment unliking gambling with pennies for the future and the rate they are going currently will yield a good % profits.

btw they just released another 4 million dollars of contracts the past 2 days and their market cap is only 47 million about 8% of their market cap.


The Company is in fact purchasing stock in the open market.
Additional information skirts the legal edge of proprietary insider knowledge and cannot be divulged to an individual investor .

Len Yurkovic"

Ceo of the company which sent me an email yesterday, I was told by the Investor Relations that they are going to finish the buyback after pending contracts were finalized. Well 2 were finish the past 2 days.