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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cautious / Re: If If If
Patriot Scientific
over 14 years ago
5
Re: cautious / Re: If If If
Patriot Scientific
over 14 years ago
3
If If If
Patriot Scientific
over 14 years ago
17

This is one of those "If" extrapolations. And, it's worth every penny you paid for it.

If there are 500 companies that will buy a license during the next 5 years,

and if PTSC nets on average $2, 000,000 per license,

PTSC would net $1 billion in the next 5 years, or an average of $200 million per year. That's over 50 cents per share in earnings. With a PE ratio of only 10 we'd have a share priced of $5.00.

Some pretty conservative assumptions it would seem. Now I remember why I bought this stock. The dream continues.

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Cautious
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Ventura
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Patriot Scientific
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PTSC
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OTCBB
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401,392,948
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Technology & Medical
Website
ptsc.com/
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