Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
in response to SGE1's message
I have to believe that Mr. Turley is working in the best interest of the company and it's shareholders.  That being the case, I most certainly thought back to his statement concerning holding funds for more prudent uses.  No shares repurchased during that time period makes me wonder if there's good reason ie.,  ongoing M&A activity.  I'm also a realist and did wonder if they thought the S/P would fall once the NDA was announced.  The CEO's responsibility is to protect the companies interest and wealth.  If he and Mr. Flowers thought the S/P would move south than why buy at higher prices in December?  Just wait until January and get many more shares at a much cheaper price.  I mean come on, if all the board guru's knew the price would fall if numbers weren't announced than I can't imagine our officers didn't have the same thought.  IMO. 
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1Rare1
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Rank
Treasurer
Activity Points
4207
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Date Joined
07/11/2007
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
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