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PTSC - this language is from the judge in the Intel case. it says the Intel case was on hold until resolution of the ownership of the patents. Note it says the parties will notify the judge IMMEDIATELY after the patent ownership is resolved, meaning the Intel, et al case is immediately back on he burner. wouldn't be surprised to see Intel et al take licenses immediately.
IT IS FURTHER ORDERED THAT all further proceedings in the above-entitled actions are STAYED pending a final decision by Judge Fogel in Patriot Scientific Corporation v. Charles H.
Moore, et al., C-04-0618-JF. The parties shall file a joint periodic status report with the Court every ninety (90) days from the date this Order is filed. Each joint periodic status report shall apprise the Court of the status of the proceedings before Judge Fogel, the parties' intentions regarding prosecuting this action, counsels' current contact information, and any other relevant matter. If and when Judge Fogel issues his
final decision, the parties shall immediately notify the Court of the decision and shall inform the Court of their intentions regarding proceeding with this action.
PTSC - this language is from the judge in the Intel case. it says the Intel case was on hold until resolution of the ownership of the patents. Note it says the parties will notify the judge IMMEDIATELY after the patent ownership is resolved, meaning the Intel, et al case is immediately back on he burner. wouldn't be surprised to see Intel et al take licenses immediately.
IT IS FURTHER ORDERED THAT all further proceedings in the above-entitled actions are STAYED pending a final decision by Judge Fogel in Patriot Scientific Corporation v. Charles H.
Moore, et al., C-04-0618-JF. The parties shall file a joint periodic status report with the Court every ninety (90) days from the date this Order is filed. Each joint periodic status report shall apprise the Court of the status of the proceedings before Judge Fogel, the parties' intentions regarding prosecuting this action, counsels' current contact information, and any other relevant matter. If and when Judge Fogel issues his
final decision, the parties shall immediately notify the Court of the decision and shall inform the Court of their intentions regarding proceeding with this action.
PTSC - this language is from the judge in the Intel case. it says the Intel case was on hold until resolution of the ownership of the patents. Note it says the parties will notify the judge IMMEDIATELY after the patent ownership is resolved, meaning the Intel, et al case is immediately back on he burner. wouldn't be surprised to see Intel et al take licenses immediately.
IT IS FURTHER ORDERED THAT all further proceedings in the above-entitled actions are STAYED pending a final decision by Judge Fogel in Patriot Scientific Corporation v. Charles H.
Moore, et al., C-04-0618-JF. The parties shall file a joint periodic status report with the Court every ninety (90) days from the date this Order is filed. Each joint periodic status report shall apprise the Court of the status of the proceedings before Judge Fogel, the parties' intentions regarding prosecuting this action, counsels' current contact information, and any other relevant matter. If and when Judge Fogel issues his
final decision, the parties shall immediately notify the Court of the decision and shall inform the Court of their intentions regarding proceeding with this action.
added PTC at 13 as well, and at 14, but still own some higher. I think it will go big in next few weeks as Intel case goes forward. think of the anticipation around that! will be much bigger run than leading to today's settlement imo.
FROM PTSC IR----
Michael, stay tuned. I suspect there is quite a bit to go.
holy crap. ugly. i guess I'll hold but wow.
PTSC now a longer term hold for me...getting longer every tick down. is there a bottom today?
how do you know they are in talks with INtel at this moment? I'm guesisng you are right, but that's good to hear. friday's court date is not about the Intel case, it was for this case against TPL. my guess is they'll go to court friday and have the jufge bless the settlement. my other guess is they will release a PR after that and hopefully link it to the Intel case telling the world they are back at Intel et al again, this time with Moore & co with them.
I did, wouldn't tell me, but of course the lawsuit can continue. I suspect that's the next PR we get.
PTSC - talked to IR asked about split between PTSC and TPL, said couldn't comment at this time but that PTSC will have more to say at "appropriate time". got some more at 159, 162, 165
PTSC, ouch
got more PTSC at .17
holding PTSC long term
PTSC NEWS! settled out of court, will explode
PTSC will explode!
PTSC, made the jump today to close above historical support of 16c which was support on last big move up. could be new base for next leg.
PTSC - got a PACER account and looked at Patriot's counter claim against Intel. had a list of 40-50 products that Intel's customers (Sony, et al) are selling which infringe on the Patriot patent.
AMRE disaster today, maybe play here at 5c?
PTSC will bust 17 today and 25 this week. Moore has made settlement offer to Patriot to be talked on friday in court. 50c not out of possibility on news imo. opens way for Intel suit.
PTSC - Moore has made an offer to settle with Partiot! Per the 5/27/05 filing with the court. can't seem to copy the order from adobe but that's what will be discussed on June 10. expecting a settlement which will then open the door to continue the suit against Intel, et al. no details given on the offer to settle.
please post on Raging Bull as I cannot on this computer for some reason.
PTSC - Moore has made an offer to settle with Partiot! Per the 5/27/05 filing with the court. can't seem to copy the order from adobe but that's what will be discussed on June 10. expecting a settlement which will then open the door to continue the suit against Intel, et al. no details given on the offer to settle.
PTSC - Moore has made an offer to settle with Partiot! Per the 5/27/05 filing with the court. can't seem to copy the order from adobe but that's what will be discussed on June 10. expecting a settlement which will then open the door to continue the suit against Intel, et al. no details given on the offer to settle.
PTSC .168, going over 17 today imo
PTSC - 4mm first hour is good volume imo! think it guts 17c today on way to >20c this week.
PTSC----mngmt says they have been contacted by "several companies" asking about licenses after the AMD deal came out. the AMD deal garnered $1mm earnings, if they only do another $5mm this year, that's $6mm earnings over 287mm O/S x respectable 30 p/e = 62c/share. if they get settlement from Intel, much much higher. plus, they now have cash, current ratio >4, not much debt left. also filed new patent Nov 2004. have sent letters to 174 companies about patent infring.
PTSC thoughts-
talked with IR, heard webcast, reviewed filings, etc. on conf call, mngmt says they have been contacted by "several companies" asking about licenses after the AMD deal came out. the AMD deal garnered $1mm earnings, if they only do another $5mm this year, that's $6mm earnings over 287mm O/S x respectable 30 p/e = 62c/share. if they get settlement from Intel, much much higher. plus, they now have cash, current ratio >4, not much debt left. also filed new patent Nov 2004. have sent letters to 174 companies about patent infring.
getting killed
PTSC already moving
T4M - you still here? have some DD on PTSC after talking with folks
thanks T4m, any idea of outstanding shares?
PTSC - why will it move next week T4M? thanks
CLYW chart looks great for break of 1.65 resistance tomorrow.
closed near HOD. last 2 times we hit 1.60 level on May 16 & 18, we actually below the open for the day and closed below 1.50. Today we have a higher close so a clear candlestick, we closed near HOD, we traded more than the last 2 times. this is extrememly bullish for more followthru. i dont know where next res is but it's probably a ways up.
not dipping like last run to 1.60. never retested opening level, 1mm shares. like it to break out over res tomorrow, or most def next week. suspect more news next week. 144 sellers drying up big on days like this. new money coming in too.
trading 10k at a pop and 20k too. much bigger blocks than last time. think we'll finish above $1.60 today.
huge blocks, 20k, 30k going by
next wall please. 144 sellers drying up....
HAHAHAHAHAHAHAHAHAHAHAHA
added 20k yesterday. if it dips back today under $1.40 i'm getting some more.
HERE WE GO! CHA CHING!