Patriot Scientific

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

From a 12/21/2005 article.

<Patriot wants damages "in excess of several hundred million dollars" from the five Japanese PC makers for their alleged infringement.>

Several hundred meaning at least 300? Inflated expectations? In light of Fujitsu perhaps not.

Even if PTSC's expectations for the J2.5 settlement were reduced, I do not see how they would sign off on the statement that they are happy with the settlement, as we presently know it. What kind of ace in the hole did the J2.5 have that Sony and Fujitsu and NEC did not know about? Opty

Please login to post a reply
optymystic
City
Rank
President
Activity Points
18922
Rating
Your Rating
Date Joined
11/02/2006
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post