Don't know when this was put there as I've been checking off and on since the settlement, and I KNOW that it wasn't there the week after Christmas, so even though they've dated it 12-20-07, their website wasn't showing it. Today's the first day I see it posted.
http://www.cohenresearch.com/reports/ptsc_update_12-20-07.pdf
"News of this press release propelled shares of PTSC to the most active on the Bulletin Board. It is positive that so many people in the investment community know and follow PTSC. We reiterate our BUY rating for Patriot Scientific (OTC BB: PTSC) with a target price range of $0.84–$1.52, as per our Base Case forecast. The revenues generated by the settlement are expected to help the management concentrate on executing its business model and strategy. We do not know at this time what the settlement will be in terms of dollars and receivables. The next 10Q will report the magnitude of the settlement. clearly, this is a huge win for PTSC. At a minimum, management is released from the complexity and negative energy of this legal action. At a maximum, we expect the settlement in terms of dollars received may be a significant event on the Balance Sheet. We continue to recommend the purchase of PTSC common stock."
