Re: Apples and Tomatoes? No, bigger and smaller apples

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gcduck

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Re: Apples and Tomatoes? No, bigger and smaller apples

in response to

Re: Shareholders oust Forgent’s board - Apples and Tomatoes?

milestone

posted on Aug 31, 2009 05:07PM

I don't see the difference of apples and tomatoes by looking at Forgent and Patriot - it's simply one apple and another different apple, but with quite a few things they have incommon:

- PTSC received about $100-120 mio since 2005 and I don't see the money anymore...

- PTSC's shareprice has been down about 70-80% from Mr. Goerner's start ( I don't speak of the high in March 2006, where most of today's BoD were there)

- PTSC has honoured the BoD financially (maybe not excessive but very generous) - 250k extra for Goerner's aquisition is not justified in my humble opinion as long as Crossflo is not generating revenue (despite the fact that Crossflo was another San Diego/Holocom connection)

- ETC. ETC.

So, while I respect your efforts in defending the company, I don't see that much difference between what Forgent's management got accused and what most of us shareholders feel about PTSC - so please point out, why Forgent is an apple and PTSC a tomatoe.

By the way: Were you happy with the 10K as you were the one, who was looking forward to it?