Boy, telling someone what they want to hear....lol

Not having a high degree of insight, I think it was last week where I posted asking whether buying back shares equalled retiring the shares.

I don`t think we synch up completely though with the bear market timing - I think we`ve already entered...The dow`s been propped up for years (just because it`s Joe 6-Paks way of measuring the pulse of the economy), but the NAS has been in the tank for about, what, 5 years? I look at the NAS as where one would see up and comers and growth stocks ready to turn the corner, big time. We`re working hard to keep the NAS above 2000. I think the NAS is the truer indicator of our economy

Bernake will raise rates continually, probably to the levels we saw in the early 80`s I don`t know if there`s enough underpinnings in the market to save it from a big fall, ``They`` may elect to just have the market continue to trade sideways for the next few years, making it a more gradual, softer landing...In the meantime, inflate our way the outta this mess.

I guess what I`m trying to say, is that we may have a prolonged stay in this market, and the gap to rebound may be a bit longer than 2 years off...but hey, I can wait and tread water till whenever - but I wonder if our fearless leaders will have enough gas in their tanks, so to speak, to hang in there for that amount of duration.

I think you offer an intersting (but agressive) scenario for Patriot. Not knowing where this will really go though, I will offer this angle - While I do agree that in the next few years, chip companies will come under increasing pressure on price/performance. The pressure may get to the level that Ignite will again be on the table as a real viable option to consider. The historical issue with this chip has always been support and tools. I think more not that Patriot will go out and buy, but try to leverage existing firms to consider Ignite. There will be companies who will venture towards desperation enough that they will forced to entertain more risk and consider what we have...Quicker market acceptance would behooves Patriot to hook up with an industry known name before having to scrape a no-name out of bankruptcy, wipe it off, possibly change out the leadership infrastucture and move forward.

Anyway, JMHO, and open to more discussion.

Regards