-------------------- If they call it "tourist season"... then why can't we SHOOT 'em..? Posts: 604 | From: Florida | Registered: Feb 2006
| IP: Logged |
posted
I got my PTSC dividend distribution this morning... Nice chunk of money...Thanks PTSC.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |
posted
Yeah ,they must have changed that.Again goo dthing for PR hopefully gains up to the meeting and next week will take it off.
Posts: 249 | From: NY | Registered: Mar 2006
| IP: Logged |
posted
What does this mean? PTSC gets how much of the cut?
The information just released by Patriot - as reported on its Form 10QSB filed with the SEC - includes among other things that in the three months ending February 28, 2006, Patriot Scientific booked some $60 million in revenue from license transactions. As explained in notes to the financial statements, that amount includes revenues of a joint venture licensing entity that are not available to the Company, but which - due to the need to comply with a complex rule of accounting standards - Patriot is required by its independent auditors to consolidate and include with its own figures. The same accounting rule and explanation applies to income figures included in the report.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
posted
Let's hope. We're nearing the end of the mid-day sell off, hopefully we can have a nice EOD run for a change. As for after the SHM, PTSC will have to keep us updated on the court hearings and come out with more signed agreements to keep our heads above water. I'm bullish long but short term will be determined by the length of time between good pr's.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
Do you guys think they will have an agreement or two to announce at the SHM or maybe the day before. If so, the stock should be at a decent number by the end of the week. I am beginning to wonder if I'll ever see my recovery price in this stock.
Posts: 28 | From: Dallas | Registered: Mar 2006
| IP: Logged |
posted
This was released yesterday before the closing bell. Found it on Nasdaq news this morning. It confirms wallymac's previous post.
RMBS/PTSC: Chip Patents Boost Shares
Rambus (RMBS +12%) shares are sharply higher after after a California jury awarded the firm damages of $306.5 million in a patent infringement case against Hynix Semiconductor. The damages cover a portion of Hynix SDRAM, DDR SDRAM and DDR2 memory products sales in the U.S. from June 2000 to Dec 2005. Hynix has still pending litigation vs. Hynix, as well as infringement suites against Micron (NYSE: MU), Samsung and Nanya.
+20% PTSC: Patriot Scientific, another semiconductor intellectual property firm, is trading higher on both the Rambus news, and an announcement by PTSC that it will use 10% or more of its licensing revenue to buy back stock.
On Friday, Dow Jones ran a story revealing the PTSC license stream is heavily front end loaded. The company has secured $76 million in one-time-only fees that are split with its partner. Meanwhile PTSC shares outstanding have swollen to 361.8 million on April 17. As of Feb 28, the number of common shares was 307.9 million, up from 232.9 million a year earlier.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
Some of the dilution came from converting debentures to common shares when they eliminated their liabilities.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |
posted
we had our heads above water for a minute. looks like we may hang around yesterdays close. i'm off on buisness till thu, hope i don't come back to another house of pain like last time:) On second thoughts I hope it does go south so I can pick up some more rediculously priced shares!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
Boomer, I hope you're right. It sure seems like this company has a lot going for it. The agreements thus far are very encouraging. My thought is that those agreements will go a long way in influencing the Texas courts decision. I see the upside on this stock as being huge, and I like the management's mindset of rewarding shareholders with dividends, etc. I'm just trying to be patient with this one - and buy some more at these prices!! GLTA!
Posts: 8 | From: Ohio | Registered: Apr 2006
| IP: Logged |
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |
posted
I'm getting dizzy on this PTSC elevator going up and down.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |
posted
I'm new to this board (and PTSC) - and I'm really glad I've found some intelligent discussions on this board. I'm curious as to everyone's position on this one. As stockvaper points out, this one seems to take the elevator up and down on a daily basis. It would seem like that would lead to a great opportunity to day trade this stock. On the other hand, I can see the advantages of being long as well. Anyone have any thoughts on where we're heading in the next 3 months, 6 months, year? TIA
Posts: 8 | From: Ohio | Registered: Apr 2006
| IP: Logged |
posted
Shareholders meeting tomorrow,so a PR should be out late tomorrow or on monday,all should be good,but we will see,GLTA!
Posts: 249 | From: NY | Registered: Mar 2006
| IP: Logged |
posted
Hey all PTSC holders, I have some interesting news. This morning I played a round of golf with some good friends. During the course of play we discussed our investment and trading strategies amongst other topics. When the subject of PTSC came up, my one buddy told me PTSC might be featured on Cramers Lightning Round soon? He would not say how he got this information, but he did tell me there is a good possibility. Just food for thought, if cramer gives it a thumbs up we are sure to see a run.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
I've done a little research since posting my last news. I think my buddy may be F.O.S, because I read in Mad Money's disclamer that they will not discuss BB or pink stocks. PTSC falls under BB so I don't know how they would discuss it, unless they granted a waiver. I guess we'll see but I'll call him and see if I can't get some more info.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
| IP: Logged |
posted
OK,the shareholders meeting is today,so where do we think we are going from here?Hopefully north.
Posts: 249 | From: NY | Registered: Mar 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Frown]](frown.gif)
