Listening today to a BBC Radio program about the Stephenson Rocket and its effect on the industrial revolution in both the UK and the rest of the world, one ponders on what effect a fully integrated POET product might have on each of the vertical it can affect. The point was made that the Rocket was reliable, efficient and its cost and manufacturing process made it the stand out product commercially despite its numerous competitors.

Ultimately, the business case for buying a POET product will stand of fall on the promise that a fully integrated POET product, can outperform its competitors for efficiency and effectiveness at a lower price that will be delivered by a design and manufacturing process that undercuts the opposition's offering for cost and efficiency. Is this what is meant be a disruptive product?

It would be premature to claim that an industrial revolution is just ahead of us, who knows? but one does get a sense of being on the cusp of major changes in the Technological world, where there is a complete shift in the way that IT data communications and information is delivered to us as individuals, businesses of all sizes and within Governments and nations. Much as railways opened up opportunities to the world to transport people and good in countries that generated business at many levels and made fortunes for those who provided the infrastructure and took advantage of the opportunity that railways offered, one can imagine scenarios that make PTI early investors a rather unique and fortunate breed.

The very recent events in POETs development discussed here over the last week create for me the sense that a revelation is upon us where Jodi Shelton echoes the brief she was given by management in the phrase 'approaches its inflection Point'. Clear notice if there ever was that something big is rolling down the line. We are simply hearing the rumbling in the distance coming down the line - I like it, I like it very much and others will soon.

Quite what form the inflection point will take is still anybody's guess. We all have our individual theories. Whilst there is no doubting the progress towards the production of the AOC or the possibilities of NRE payments but for me the positioning behind the formalities particularly with the prospect of more shares being created points towards a Joint Venture. Given all that went on at Storrs in spring and summer of last year and the acceptance of the rumour that as many as 15 engineers from Apple were present there at certain times, coupled with the statements that objectives were being set by potential partners and the undoubted presence of Tony Blevin on the TRAB surely provides at least some argument for Apple wanting a stake in the Company.

Will this be our Rocket?

sula