PIM>My price target for this stock is $75-$100 range. (7.5 to 10 bn market cap)

Looks like you've used 100MM as the factor in your targets.

There's more than 100MM shares out (was 97MM before the PP rounds) -- 200MM is more like it once options and warrants are figured in.

So your math needs to match that.

I can't see more than $8-12 Billion market cap, since that's the current discounted NPV of their identified future revenue stream.

Gives a top of between $40 and $60/share.

a) we need to break a buck and hold; until then Mr. Market won't take anything seriously;

b) if we break $2, there will be volume (POET will become marginable, institutionals will have their no-buy policy chains lifted);

c) if we break $3, and survive $5 w/o acquiescing to a buyout, we will touch $7;

d) doubtful whether an over-$10 bid would survive the weak stomachs & greedy hands: depends on at what points the SSC considers an offer bid-worthy for SH vote;

e) and at what percentage a vote is binding to be carried: is a "Yes!" 50% plus one vote? 2/3 of those present? 80% of all shares out? what?

f) $25/share ($5B) is where I see a major survival hurdle ... I doubt any offer would go beyond that.

The only way I can see this going to full-value (the $8-12 Billion) is taking on a position in the acquiring company too, and following the technology's revenue stream as it gets adopted by the mass market.

That would be playing both GMCR and Deedrich sides of the fence, in your example.

Best,

R.