InvestorsHub Logo
Followers 1
Posts 602
Boards Moderated 0
Alias Born 06/06/2006

Re: PENNIEStoSTACKS post# 4621

Tuesday, 07/11/2006 12:23:36 AM

Tuesday, July 11, 2006 12:23:36 AM

Post# of 14027
The fundamentals of PSTC is totally different from Grifco.

First of all, they're trading at a higher exchange, they file 10K, 10Q, and 8Ks (complete disclosure). PSTC is a company that started with R & D and now is in full operation producing and selling their proprietary DSP chip. In the transition their revenue went from $10,000 in 3Q - 11/05 tp $60,000,000 (600,000 % increase in revenue) in 4Q - Feb 06 due to a large contract with HP. That is why their price shot up from $0.20 to $2.20.

Somebody tried to compare PSTC to GFCI before but there isn't any comparison.