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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Re: A new player...

Patriot Scientific

over 16 years ago

in response to aimgator's message

I think PTSC is preparing to be merged or bought out........

CARLSBAD, Calif., Feb 29, 2008 (BUSINESS WIRE) -- Patriot Scientific (PTSC: 0.40, +0.01, +1.3%) announced today the appointment of chip industry veteran Rick Goerner as the company's Interim President and CEO succeeding Jim Turley, who resigned his position as the company's President and CEO effective February 28. Goerner's appointment is effective today.

I don't think I like the interim part of this. I certainly hope this doesn't end up a below market value buy-out.