Patriot Scientific

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

almost 15 years ago

in response to certainvictory's message

I do not see this as a reason to sell. Last Qrt is behind us. SP is representative of potential revenue going forward. We traded at .12 to .15 prior to last quarter for the simple reason of few signings and 336 was not a sure thing yet. Both of those are behind us and we are now trading more reflective of future earnings potential. SP will increase as signings increase with anticipated increase in earnings. Replacing a CEO should have minimal effect on SP, unless, of course, your the CEO of Apple.

IMO, our SP is not based on, or include, the potential of PDSG, yet. And that will be the soul purpose of our new CEO. Until we get some major contract, the SP will continue to reflect the MMP revenue only. So, nothing has really changed to change that potential with this announcement.