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 1970 Corvette's message

The company is required to report earnings in a transparent fashion. That is about it.

A logical assumption is that PTSC Q is accurate. This would suggest 17 licenses plus the J2.5 settlement is 10mil.

Not bad for a small company. However, the longterm concern is that the avg cost of a license of 500 or 600K is not going to get PTSC to the next level.

It will take an acquisition to do that. To date nothing suggests this company is going in this direction.

It's concerning as far as I'm concerned.

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caseysan
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Patriot Scientific
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PTSC
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