[...] it shows the 'old panasonic protocol'....from what i know there are three panasonic protocols , the 'old' , panasonic1, and panasonic2.
Do you at least know the frequency?
Do you have a device using this protocol, or did you just get the remote for its pocketable size?
There's one more issue.....the remote seems to send a small burst of output when i keep the button pressed, instead of a continuous stream...its making the decoding a bit difficult...
I'm not too familiar with the Panasonics and I may be confusing it with another protocol, but I guess it's one of the following 3 possibilities: Either it's the same code inverted every other transmission, the same code with different start bit(s) (not the AGC adjust bits), or a simpler "repeating the last code" command (which could be the same for each repeating key).
A logic state analyzer or at least a 'scope would tell you, but since you ask, you probably don't have either.
If you have a gizmo it can control, or just a receiver (or even a photodiode and a transistor amplifier), make a sampling program (preferably of the compression type), sample all the commands with and without repeat keys and perhaps another program to analyze and group the results. It should be a brief job with such small remote - I used that method to decode the B&O (455kHz!) IR remote protocol some ten years ago via the game port on an old '386 in an afternoon (and we're talking hundreds of codes here).
If you just wanna use the buttons on the remote and have no plans of changing to a larger set of buttons, just look at what differs between the codes and use that (=less overhead).