Ordinarily you dont want to get into the vanguard as they...

Ordinarily you dont want to get into the vanguard as they normally get slaughtered by the enemy (e.g. that lead platoon in Mel Gibson's Once Were Warriors).

What I like most about the 4C is not the quantum of royalties but the fact they are advancing their projects slowly but surely without unduly burning a serious hole in their cash balance. And we have the luxury of waiting for company defining announcements in the full knowledge of a cash flow positive quarter next quarter (thanks in large part to the R&D refund).