OT: Patriotism
posted on
Aug 18, 2007 06:58AM
I hate to sound so ignorant but what drew me to this stock was the name. Patriot. I thought well over two years ago that this company has a real vision for the future and that there was a real possibility of future success. It is ironic that my interest came just as the company was going through this massive change in focus and I have been burned in the aftermath. This is my third shot at involvement as a Patriot.
My first shot was as a soldier, 27.5 years ending in 1998. When I left it was the strongest Army in the world. I was extremely proud of my service. I believe the Armed Forces still are but their present mission is the hardest mentally challenging thing that an individual soldier has faced since the wars of the 40's. They get no break. One tour after another. Now is the time to support our Armed Forces. They are truly going through hell and they are testing Maxwell Thurmond's dream of an all volunteer force to the limit.
My second shot was the Boston/New England Patriots. I was assigned for 4 years in San Antonio in the 70's. Dallas, with Tom Landry and Roger Staubach ruled the roost. I would bring up my love of the Patriots and would be soundly denounced and humiliated by Cowboy fans. We had a lot of fun. The Patriots were the doormats of the league, similar to the Red Sox. They appeared like they could do nothing right (sound like PTSC). History tells the story. Robert Kraft came in and he led the Patriots to victory after victory by hiring the best coaches and superb players.
My third shot of course is PTSC. I did not understand warrants and other financial deathtraps nearly as well as I do now. It does take some courage monetarily to hang in there with what appears to be a loser. This is what makes success all the sweeter. People sneer at Patriot, possibly some with contempt. I felt that as a soldier, I felt that as a New England Patriots football fan and I feel it now as a PTSC investor and fan of our new CEO, Jim Turley. I must admit that this is what first attracted me to Greeneyes, because of her "can do" spirit. When you are down and out, it's all you can hold on to. I strongly believe that we are on to something big. A solvent company with limited (there will be some with acquisitions) debt is extremey attractive.
Like the real patriots, I think back to the American Revolutionary War (many others here lately have thought about their Fathers and Grandfathers in WWII and the Korean War).
During the Revolution there were so many times that the citizen/soldiers could have just quit. Valley Forge, losses in various battles, knowing we were fighting against the most powerful Army and Navy in the world. Yet, they refused to quit. They stared death in the face more than once. Our greatest President and Commander in Chief was the wisest and most dedicated man (IMHO) of that century. The leaders, our Founding Fathers set up the best system of government that will probably ever exist with all of its imperfections. We are involved with an area that is actually in our Constitution that Dan Leckrone has been speaking of so eloquently recently. As our team develops, the correct choices (companies, personnel) are absolutely paramount to our future success.
We are nothing more than shareholders. We are fortunate enough to be in the fight on the right side of the law. When you are, you can fight ferociously because you know you are correct. You can take on the behemoths of industry and succeed. I am sure it will not be a slam dunk but with our focus toward the future, this one revenue of the past and the immediate future can blossom to a greater company. Our company is dependent on one man. He is building his all volunteer Army and Navy to take on the the world of technology.
Like Borredo just said with another excellent post ( I'm repeating myself over and over) as there have been many this morning especially b-lunist that are excellent. Chapultepec, I love your humor. Fur lined, sounds attractive. Well.... Have a great weekend!! I'll see you on Monday!
Cheers, Oscar