Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
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in response to patientman's message

Look at the SP and it's to make an argument that we could not use some protection right now - millions are being lost.

 

One only loses if one sells. There are those who purchased at over $1.00. I hope that it was after thorough DD and not the fear of missing a quick profit. So, if after the DD those purchasers determined that $1.00 was a viable price at which to buy, what has changed for the worse to make that valuation less? In my humble opinion, the viable buying price has increased as a result of the settlement in Marshall and all the additional licensees.

The PR has been badly handled, but how does that detract from the underlying fundamentals of a company with no debt and a growing cash pile?

 

 

Be well

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08/04/2005
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Patriot Scientific
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