Re: We are taking a negative stance on shares of Patriot Scientific Corporation since we are seeing a strong downtrend in revenues and earnings per share over the past three years. Also discomforting is the fact that the company continues to deliver negative operating income. www.bellwetherreport.com
The above analysis is very short term focused.
Yes, we will likely see significant negative EPS in the October Q report. I doubt anyone is betting otherwise. And yes, the Q or 2 after that is going to be tough - with rising costs related to improving operations of the new investments. But the fundamentals remain very strong and the longer term outlook is very good.
PTSC is on the right track - I like it.