Patriot Scientific - PTSC Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Patriot Scientific - PTSC

PTSC 0.648

0.0%

Jan 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave Swanson who wrote (5987)	12/16/1998 10:53:00 PM
From: FastC6	Read Replies (3) of 8581

<<I agree... GO SUNW..... however, would you agree that SUNW is most likely not a 5 to 10 bagger?>> No. It has already been a three bagger for me and I bet that I have held my SUNW shares for a shorter period of time than most of the PTSC posters on this thread who own PTSC shares. We are just getting started! Look at all the SUNW news posted here.....and this isn't even the SUNW thread!(but it is o.k. with me if y'all want to keep posting it) In my opinion, SUNW is becoming the network and their vision is changing the computing paradigm. The next five years are going to be fun riding the SUNW wave. But what about PTSC? I don't think they will even be here in five years.....do you???? Take a look at their latest 10Q filing where they state: <<<Based on the current fiscal year's rate of cash operating expenditures and current plans, management anticipates additional cash requirements for the next twelve months. There can be no assurance that any funds required during the next twelve months or thereafter can be generated from operations or that if such required funds are not internally generated that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital could force the Company to substantially curtail or cease operations and would therefore have a material adverse effect on the Company's business. Further there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significantly dilutive effect on existing shareholders of the Company.>>> ' '

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next