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KRyan

06/02/08 2:49 PM

#24036 RE: realist1 #24023

Both sides of this argument need to wake up.

Realist - "the ignorance regarding the market by those in Tustin never stops astounding me"

Are you kidding? I've heard the same from those on the other side of the fence. "If only Tustin wasn't so nieve about Wall St."

Are all of you kidding? Have you heard of Eric Swarts. Do you think he is ignorant about the ways of the market? Here's his BIO from the Peregrine website. The stock is behaving EXACTLY as he has decided that he wants it to behave!

http://ir.peregrineinc.com/directors.cfm

Eric S. Swartz has served as a director of Peregrine since 1999. Mr. Swartz is the founder and President of Roswell Capital Partners, LLC and previous founder and President of Equiplace Securities, LLC (formerly Swartz Investments, LLC), which he started in 1993. Prior to 1993, Mr. Swartz was a Vice President at Bear Stearns & Co. specializing in foreign institutional equity investments in U.S. securities. Prior to that, Mr. Swartz was a Vice President with Oppenheimer & Co., where he was involved in overseas placements of equity and debt for institutions in Germany, Austria, Switzerland, France, Australia, and New Zealand. Mr. Swartz has approximately 20 years of experience in the securities business.

Member of the Audit Committee
Chair of the Compensation Committee
Member of the Nominating Committee