'One company is changing the fundamentals of electronics...' -

This one sentence is a challenge to the entire microprocessor industry and the emphasis must be on the word IS. No other company in existence can make such a claim because it carries, by very powerful implication, this change is a reality. All companies can make changes but not to a fundamental degree.

For those who may not understand what this claim is stating, I will attempt a short explanation: within the next few weeks or months this company will offer to the world that, if you buy into this product, you will be able to produce functioning microprocessors which are as fast or faster than anything on the market in processing speed; at substantially lower power consumption, with huge opportunities to make it faster and integrate more on single chip functions, at exceptionally low production costs in existing factories and with a level of on chip system integration that Silicon processors cannot possibly match. Simply, this is a sea change of opportunity that matches the development of the transistor in the 1950's or the advanced development of microprocessing in the 60's and 70's. The killer fact is this: the technology is firmly in the hands of only one company and there is simply no evidence whatsoever that a rival can repeat this even in the medium term.

The arrival of such an advertisement must indicate a level of confidence that strongly implies the company is satisfied it can match the words in the above sentence with deeds. It also suggests imminence. I think we can be satisfied, knowing past behaviour, you would not dare offer such an advertisement on the basis of no working product.

Over the last few years I have read what is, frankly, stupid criticism of POET's management about news releases, tardiness, not keeping shareholders' informed etc. There has been some surprising criticism of excellent members of this forum about overconfidence and pernickety arguments on the meaning of words. I'll just say this: you are wrong. I believe we are about to witness a series of announcements, over the next few months, which will result in partnerships, board appointments, revenue, serious scientific peer reviews by investment commentators and a NASDAQ listing. When that comes - it is not going to be long - the share price will go up, probably considerably, with much more to come over several years. Long live the longs and avoid the short circuit.

David