Patriot Scientific der Highflyer 2006
2:32a.m. - JM Dutton & Associates
NEW YORK, April 11 (newratings.com) - Analyst Richard W West of JM Dutton reiterates his "speculative buy" rating on Patriot Scientific Corp (PTSC). The target price has been reduced to $0.55.
In a research note published yesterday, the analyst mentions that the company has reported its license revenues for the three months ending February 29, 2008 significantly short of the estimates. Being a passive partner in the JV with Technology Properties Limited, Patriot Scientific is completely dependent on the failure or success of the former company's licensing and prosecution initiatives, the analyst says. This suggests that Patriot Scientific needs to use its cash for acquiring revenue- and earnings-generating companies, JM Dutton adds.
Grüße Abenteurer
Thanx to PTSC und die ganzen Rosarote-Brille-Lemminge!!!
Und Achtung: demnächst kommt die Entscheidung des Patentamts!!! Da heißt es auch wieder: rechtzeitig raus!!!
fahren keinen porsche und finde ...so wie du ..immer den optimalen ein und ausstiegspunkt...
aber dafür gibt es ja die ganz klugen ...
die schaffen das ... und haben trotz ihrer millionen noch die zeit hier zu posten ...
hut ab ... kamerad ...
von dir kann ich noch viel lernen ...
;-)
Den richtigen Ein- und Ausstieg zu erhaschen ist doch immer das Wichtigste und ein Patentrezept gibts nun mal einfach nicht. Wer clever, viel Zeit und Geld hat kann sicher die Indikatoren nutzen und ein paar Euro mehr oder weniger rausholen.
Für uns heissts bei solchen Werten Alles oder Nichts... Ich schau zwar auch fast täglich rein, aber reagieren (verkaufen/kaufen)kann ich nur am Abend...
So...gehe jetzt meinem realen Job weiter nach, der mir am monatsende meine verdiente Rendite einbringt.
enjoy
esistjazz
ich finde es manchmal nur so lächerlich, dass so klugscheisser und möchtegern millos..nen dicken machen...
aber du hast recht...
da ich nicht neidisch bin, sondern mich eher über gewinne anderer auch freuen kann, wünsche ich euch allen mehr glück, in der nächsten zeit...
werde jetzt weiter arbeiten !
cu
Wenn negativ für PTSC - dann raus, versteh ich.
Wenn positiv für PTSC - dann raus?????
Entgegen der Ansicht mancher User hier braucht man zum Traden übrigens keine Millionen. Nur kommt man durch Traden schneller zur Million (jedenfalls bei so volatilen Werten wie PTSC). Gerade bei Usern, die über weniger finanzielle Mittel verfügen, halte ich es für riskant, vor einer solchen Entscheidung investiert zu sein (da kann man auch ins Casino gehen).
Gönne den Longies ja auch eine positive Patentamtsentscheidung. Hätten sie verdient. Auch wenn sie ihren Frust immer an anderweitig Investierten auslassen müssen (die nun wirklich nichts für den Kursverlauf können, diesen nur vorhergesehen haben...).
...muss man ja an irgendetwas fest machen, wenn man vorher aussteigen will.
Ich bin übrigens gestern wieder eingestiegen, weil das Angebot einfach zu verlockend war.....
Naja, ein gewisses Risiko gehe ich damit dieses mal auch - das Patentamt könnte sich ja wider Erwarten schon im April melden...sic!
Patriot Scientific (OTCBB:PTSC) announced today that the company’s share repurchase plan has resumed and from time to time will be buying back its stock in the open market.
President and CEO Rick Goerner, said, “We are announcing a resumption of the company’s open market share repurchase program, which will take advantage of attractive price point opportunities to buy back company stock. We also believe the specific issues that initiated the trading restriction for the company’s directors, officers, employees and consultants who have knowledge of the terms surrounding the December 2007 settlements have been addressed with the public disclosures of last week.”
As part of the stock buyback program and prior to the trading restriction that occurred during the nine months ended February 29, 2008, the company repurchased 5,698,821 shares of its outstanding common stock in the open market at an aggregate cost of $3,042,921.
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.patriotscientific.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/profile/ptsc.cfm. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for Patriot Scientific, sign up at http://www.hawkassociates.com/about/alert/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC is a trademark of Patriot Scientific Corporation. All other trademarks belong to their respective owners.
Patriot Scientific, Carlsbad
Media Relations:
The Hoffman Agency
John Radewagen, 408-975-3005
408-219-9199 (C)
jradewagen@hoffman.com
or
Investor Relations:
Hawk Associates
Ken AuYeung or Frank Hawkins, 305-451-1888
patriot.scientific@hawkassociates.com
Source: Business Wire (April 15, 2008 - 5:11 PM EDT)
News by QuoteMedia
www.quotemedia.com
http://otcbb.com/asp/Info_Center.asp
CARLSBAD, Calif.--(BUSINESS WIRE)--Patriot Scientific (OTCBB:PTSC), an intellectual property licensing company with significant interests in critical semiconductor technologies, announced today it has named Donald Schrock to the company’s board of directors.
Schrock joins the board after a distinguished 35-year career in the semiconductor industry. Prior to retiring in 2003, Schrock served as Executive Vice President and President of Qualcomm CDMA Technologies Group. Under his leadership, Qualcomm became the world’s largest fabless semiconductor company and the world’s leading supplier of CDMA chipsets and software. During his seven years with Qualcomm, annual chipset revenue grew from $50 million to more than $2.5 billion. Schrock’s group was named the best financially managed fabless semiconductor organization by the Fabless Semiconductor Association.
While at Qualcomm Schrock also led the $1 billion acquisition of Snaptrack, accelerating the commercialization of advanced GPS services into wireless handsets. The CDMA Development Group awarded Schrock and his team the Industry Achievement Award for Third Generation Pioneer in recognition of their role in bringing the first third generation (3G) technology to commercial reality for the wireless industry.
Prior to joining Qualcomm, Schrock held key executive positions at GM Hughes Electronics, Applied Micro Circuit Corporation, Burr-Brown Corporation and Motorola Semiconductor. Schrock also served on the board of directors of Jazz Semiconductor, a privately held mixed signal and RF wafer foundry, until its merger with Acquicor Technology in 2007.
“I am so pleased to have Don accept a position on our board of directors,” said Patriot President and CEO Rick Goerner. “As we move forward in considering various growth options for the company, Don’s merger and acquisition experience with technology companies and his network of connections among them will strongly benefit our decision process.”
Carl Johnson, chairman of the Patriot Scientific executive committee, said, “We are extremely pleased to welcome Don to our board. In addition to widely-recognized leadership within the semiconductor industry, Don brings extensive managerial experience and strong contacts in the chipset community. His technological knowledge and expertise in the public company arena will be valuable assets for Patriot. Don will play an important role in helping grow shareholder value.”
About Patriot Scientific
Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.patriotscientific.com.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/profile/ptsc.cfm. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for Patriot Scientific, sign up at http://www.hawkassociates.com/about/alert/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC is a trademark of Patriot Scientific Corporation. All other trademarks belong to their respective owners.
Contacts
Patriot Scientific
Media Relations:
The Hoffman Agency
John Radewagen, 408-975-3005 or cell: 408-219-9199
jradewagen@hoffman.com
or
Patriot Scientific
Investor Relations:
Hawk Associates
Ken AuYeung or Frank Hawkins, 305-451-1888
patriot.scientific@hawkassociates.com
At A Glance
Patriot Scientific
Headquarters: Carlsbad, CA
Website: http://www.ptsc.com
CEO: Rick Goerner
Employees: 7
Ticker: PTSC (OTCBB)
Revenues: $638,784 (2007)
Net Income: $23,691,187 (2007)
Source: via Business Wire
Updated 03/18/2008 by company
CUPERTINO, Calif.--(BUSINESS WIRE)--Alliacense today announced that Research In Motion Limited (RIM) and The TPL Group have agreed to the terms of a patent license. Terms of the deal are not publicly available.
"We are excited to announce another major mobile handset manufacturer has joined the MMP Licensing Program,” said Roy Maharaj, Vice President, Licensing for Alliacense.
The sweeping scope of applications using MMP Portfolio design techniques continues to encourage the world’s leading manufacturers of end user products from around the globe to become MMP Portfolio licensees. Over 40 global companies from the US, Europe, Japan, Korea and Taiwan have purchased MMP Portfolio licenses, including many industry leaders such as Fujitsu, Hewlett Packard, Kenwood, Mattel, Nokia, Philips, and Sony.
The MMP Portfolio patents, filed by The TPL Group in the 1980s, cover techniques that enable higher performance and lower cost designs. These patents are fundamental to dozens of microprocessor-based key features and benefits in contemporary consumer and commercial products ranging from DVD players, mobile phones and portable music players to automobile systems, communications infrastructure and medical equipment.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (OTCBB: PTSC). The MMP Portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is widely recognized that the MMP Portfolio protects fundamental technology used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL’s IP portfolios. Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.
Contacts
for Alliacense
Shawn Clark, 408-446-4222
shawnc@tplgroup.net
Patriot Scientific Corporation
E-mail Alert
from Hawk Associates Inc.
Research In Motion Agrees to Moore Microprocessor Patent™ Portfolio License
Press Release Source: Patriot Scientific
Research In Motion Agrees to Moore Microprocessor Patent(TM) Portfolio License
Tuesday April 22, 9:30 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Patriot Scientific (OTCBB:PTSC - News) today announced that Research in Motion Limited (RIM) and The TPL Group, the company’s partner who manages the marketing, licensing and defense of patents in the Moore Microprocessor Patent™ (MMP) Portfolio, have agreed to the terms of a patent license. Terms of the deal are not publicly available.
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Patriot’s President and CEO, Rick Goerner, said: “We are pleased to have another customer’s validation of our ongoing licensing activities for the MMP™ Portfolio through TPL. Since the beginning of 2008, we have announced ten new licensees for the MMP™Portfolio.”
The wide scope of licensed applications using the MMP™ Portfolio design techniques continues to encourage global manufacturers of end user products to become MMP™ Portfolio licensees. More than 40 companies from the US, Europe, Japan, Korea and Taiwan have licensed the MMP™Portfolio technologies, including many industry leaders such as Fujitsu, Hewlett Packard, Kenwood, Mattel, Nokia, Philips, Sony and Toshiba.
The MMP™ Portfolio patents utilize techniques that enable higher performance and lower cost designs and are fundamental to consumer and commercial digital systems. Today, there are dozens of microprocessor-based key features and benefits that are included in systems such as: DVD players, cell phones and portable music players to communications infrastructure, medical equipment, and automobiles.
Da müsste dann sowas stehen wie: Mit dem neuen Lizenznehmer werden für PTSC jährliche Lizenzgebühren von xxxxxx in das Unternehmen fliesen.
Was intressiert mich RIM bzw. ob die jetzt Dildos mit Rüttelchip herstellen oder doch nur Handwärmer in Taschenrechnerform?
http://de.wikipedia.org/wiki/Research_In_Motion
My Guess
Posted by: jerrya on April 23, 2008 07:07PM
After reading and thinking about all the pieces of information we got especially after the last quarter results quite a nice picture has emerged in front of my mind’s eyes. Into this picture the parts of the mysterious revenue puzzle seem to fit perfectly, at least for me. While considering important announcements, reports and other news we got so far I will not go into any detail as I think most of the details were discussed sufficiently by more capable people than me. But let me share my combining (some thoughts are surly not new but in the context worth being repeated) of those facts we have.
In my opinion we are getting recurring revenues since the settlement in December for which many here and also members of BOD were asking constantly. Reasons for this theory:
1. Turley’s statement, “we now have tens of millions” which anybody knows. Did Turley deliberately lie when he said that?
2. The last bigger licensee with a onetime payment was Philips. They roughly paid 18 mil dollars which Lambert showed in his list. Btw. that was quite a lot if you look at the parts of the company which actually paid. The time they signed was just before the great settlement. I believe they were one of the last if not the last company at all to get some sort of early mover abatement. Why should Philips pay much money shortly before settlement if the J’s could get away with peanuts just a few days ahead? Do you think their attorneys didn’t communicate with the J’s ones? From my own experience with patent licensing I know that everything is examined extremely thoroughgoing. No company would pay even a penny if they hadn’t to. They choose as we know for sure a onetime payment and the only reason I can think of is that this was cheaper and more comfortable for them than to pay royalties.
3. The 10Q didn’t show the big money we all were looking for. Does anybody really believe that the J’s came away with a few millions after Philips paid 18 mil. at the last minute before court was closed, after an army of patent attorneys had shown validity of the patents by telling their clients to pay heavy money, after a positive Markman or after the wording of the settlement was, “all parties are pleased”? Thinking logical the money must be hidden somewhere else because it didn’t show up where and when it was supposed to do. I think “business resolution” points to usual license payments. The licensee pays some 3 or 4% of the sales price of the infringing products as long as he or she sells those products or till the date of expiry of the patents. That is just business as usual. But why then does the expected income didn’t show up in the 10Q. At this point I’m of Milestone’s opinion that the reexams have to be accomplished first. Another reason could be that the infringing products have to be ascertained first before there can be made an exact payment which is not that easy if you have a lot of them. Much easier is a onetime payment.
4. Some announcements in January had words like “chain disruptions” or similar in them. For me (I Think Deb or Dave said this before) this shows that the production of infringing hardware will be stopped if no constant payment transactions are made.
5. When Goerner joined the board he told us that his designated target was M&A and he even made his salary depending upon this aim somehow. If you look at the money PTSC has got at the moment they are not able to merge with or buy something satisfying. What makes the CEO to go after M&A if there is not enough money? What I think is he knows about recurring revenues and therefore he also knows for sure that any bank will be glad to lend a company with safe income during the next seven years some money. Do I remember right, haven’t there been some talks to a bank recently?
6. The relatively small earning in the 10Q if you look at the pure numbers seems to indicate that this was just the start of the new way of licensing. This fits in with Goerner’s statement, “…which fully reflects the financial results of all transactions announced prior to the end of January2008”. The way in which this is said for me clearly shows that there are more transactions to come after January. If the number of the J’s had been fully included he would have said, “…financial results of all licenses prior to the end of January 2008”. I guess that with each new license the amount of money will steadily grow from quarter to quarter.
Finishing my guess, I want to tell you that I consider pure pumping to be utterly different from demure weighing, which for sure can lead to optimism. Yes, I’m very optimistic but if one considers the hard facts, tries to combine, doesn’t look at the share price all the time can you tell me one reason that really makes sense to be pessimistic being invested in this stock?
I don’t like to wear rose coloured glasses because I want to see clear and through clear glasses or with good eyes which don’t need any glasses the future of this company looks nothing more than bright.
If I missed anything while being too sketchy, got anything wrong or falsely interpreted or whatever I appreciate your correcting me.
Good night my patriot fellows
Jerry
Aus: http://www.agoracom.com/ir/patriot/messages/809289#message
Isn't interesting to see that all along, after the Markman Ruling, Toshiba, Matsushita, Panasonic, NEC and JVC were planning on settling the case. The parties above, including ARM Ltd., stipulated to an entry of judgment as to claim 29 of the '584 patent, effecting an expedited appeal to the Federal Circuit Court.
Patent Trolls ? I think not ! Confessions of a Patent Troll ? Give me a break !
If Toshiba, Matsushita, Panasonic, NEC and JVC felt so strong on non-infringement or invalidity of the '336 and '148 patents, why didn't they appeal Judge Ward's Markman Ruling as to the '336 and '148 patents.
Fujitsu (3/2/06): $31,600,000.
Oral argument between TPL/PTSC and ARM Ltd is set for 5/6/08, less than 2 weeks away, before a panel of 3 federal circuit judges - each judge having a staff of 2-3 law clerks (resumes of some usually include BS in Engineering - and who are or will become future patent attorneys) :
"As we have noted in prior public announcements, we believe that the claim construction for 'instruction groups' requires more scrutiny than the Texas Court was able to give it during the Markman hearing due to time and space constraints," said Dan Leckrone."
I hope oral argument follows through - no ARM settlement! I want the Federal Circuit to tackle and digest the '584 patent.
"Leckrone noted that ARM issued a news release on September 20, 2007 that "was misleading" in that it implied the Texas Court somehow passed a judgment of non-infringement in favor of ARM. In point of fact, it was TPL who initiated the partial non-infringement stipulation to pave the way for a speedier trial and TPL's opportunity to appeal the single Markman ruling on the "instruction groups" claims construction. He declared, "The fact that TPL gave ARM a judgment of non-infringement was purely procedural as well as temporary until the reversal of the US '584 ruling."According to Leckrone, all ARM core families (ARM7, ARM9, ARM9E, ARM10E, ARM11) and the ARM Cortex microprocessor core family do infringe upon the US '584 as well as US 5,440,749 in the MMP Portfolio. He warned that all manufacturers of end user products using infringing ARM processors - with the exception of the 20 global manufacturers who have already purchased MMP Portfolio licenses - are infringers of technology protected by the MMP Portfolio. "The longer infringers wait to purchase an MMP license, the more they can expect to pay because our program is designed to reward first-movers in various industry categories."
AMD (2/22/05) $3,050,000
INTEL (6/15/05) $10,000,000