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Microcap & Penny Stocks : Patriot Scientific - PTSC -- Ignore unavailable to you. Want to Upgrade?


To: FastC6 who wrote (5811)11/3/1998 9:10:00 PM
From: bob  Read Replies (1) | Respond to of 8581
 
Snake Eyes,

Not sure if you are implying that the decrease in sales has a
correlation with Patriot's ongoing relationship with Genroco. Sorry
to disappoint you here but their decrease in sales was attributable
to the weakness of the Asian economy not to mention the fact that
the PSC1000 had not yet been functioning in any of their products.
More importantly from the announcement:

During the second quarter, GENROCO announced a partnership with Oracle Corporation [Nasdaq:ORCL - news] to provide cross platform driver support for GENROCO PCI Digital Video Broadcast (DVB) controllers with Oracle Video Server (OVS) software, and began private demonstrations of its PCI Gigabyte System Network (GSN) interface.

Carl A. Pick, Chairman and CEO of GENROCO said, ''Even though our sales and earnings were down from last year, we are pleased to have returned to profitability and expect to maintain the upward trend. GENROCO continues to gain recognition as a leading provider of I/O controllers to major manufacturers and users of high performance computers. The progress we have made with our Fibre Channel and HIPPI offerings has laid a strong foundation for even greater success with our new DVB and GSN products.''


Hope this helps to clarify the situation.

Cap




To: FastC6 who wrote (5811)11/4/1998 12:44:00 AM
From: Urlman  Read Replies (1) | Respond to of 8581
 
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