Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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In thinkiing about a buyout, people often fail to give some credit for the avoidance of further risk in a developmental stage company.  However, after this long, and especially after the traction we seem to have gotten with the interposer, I would not want to see us go for less than a buck US, at a time we're under .40 US, or so.  And I don't think management would support that type of buyout.  It's rare that a company will offer more than twice the then current share value, but it could happen, especially if we're as near as we seem, with as good a product as it seems.

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Aren't there still significant options priced significantly north of $1.00 that would be made irrelevant by such a cheap sellout? and are there also some options (at least in Suresh's case) that vest in stages over five years? or am I remembering incorrectly?

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