SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Benedict Arnold who wrote (6094)1/14/1999 4:47:00 PM
From: bob  Read Replies (1) | Respond to of 8581
 
Hello Benedict,

So glad to see you are still with us. Yes I had heard there was a delay in the Olea order. I'm hopeful we will see those revenues shortly. I think we have a great chance at some new additional revenue from both the communications side as well as the microprocessor side of the company. Java seems to be gaining steam in the embedded world and I do believe we are firmly entrenched
in the middle of it. Alot of companies have had a chance to evaluate
the chip and could be making decisions to use or not this year. I'm
betting we will have some pleasant surprises in the days and months
ahead.

Regards,

Cap



To: Benedict Arnold who wrote (6094)1/19/1999 4:07:00 PM
From: J.S.  Read Replies (1) | Respond to of 8581
 
>Looks to me like they are expecting $3.3M in revenue between now and May 31
(the end of the fiscal year), and that they had expected this revenue earlier.

However, if you read on you see that they will also incur costs that
they had expected earlier:

Cost of sales as a percentage of net sales increased to 68.1% for the six months ended November 30, 1998
compared to 49.2% for the corresponding period of the previous fiscal year. This increase is due in part to lower profit margins
on the Company's $3.3 million kiosk application order compared to profit margins typically associated with the Company's
other product lines. The remainder of the kiosk order, which is scheduled to be shipped during the balance of fiscal year 1999,
is anticipated to put upward pressure on the cost of sales as a percentage of net sales for the current fiscal year when compared
to corresponding periods of the previous fiscal year.