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 borredo's message

I'm not sure that I understand your question, borredo. Are you asking if "a group of shareholders" with a combined total of 13% of the total number of outstanding shares would have any leverage to influence the board of directors of a company? I guess it would depend on the quality of the company, wouldn't it seem that way to you?

Do you think Warren Buffet would be concerned if 13% of the shareholders of Berkshire Hathaway grouped together to send in a letter to the board of directors? Would Warren take that seriously? I think the quality of both the man and his company would dictate that he would, however, it is probably also true that 13% of his shareholders have only ever grouped together to plan outtings and events for their next shareholder meeting.

I'd like to think that PTSC shares that same quality.

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Kallister
City
Montana
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President
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1993
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10/17/2006
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Patriot Scientific
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