Patsystems>Directors Are Filling Their Boots 28.3.2>Chart Breakout @ 11p

Principal Protected Notes Linked TO The S&P 500 Index stock quotes

Principal Protected Notes Linked TO The S&P 500 Index stock charts

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THE SPECULATOR - Wed, 01 Jan 03 :


Guys,

Good noises about buoyant trading and returning the rest of cash back to shareholders. On the face of it sounds very bullish and close to breaking even.

Others have said that the move was just to stop a cheap bid for the company.
That is possible but if things were not looking up at PRO surely they would not be so quick to dump the cash.

Also the move to return cash will just half the share price and force us to effectively take half our money back ? and the new shares will just REPLACE the old ones which will be cancelled.

So for me holding 14,000 at the moment @ 14p I will be left 14,000 shs worth £980, cash of £1085 and PTS trading on AIM.

All comments welcome, I would like to just accept the action as an indication that we are heading towards profitability but in the short term we are all faced with a lot a f****** about with our shares for no benefit whatsoever.

Thanks in advance.

Spec


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