Shash...Well, given the statements we have heard from our management of late, If CISCO is the tier one, POET has become increasingly exasperated with them and their continual moving of the finish line.

One of the messages that came through on the presentations by the industry participants was that they have to live with the choices they make for a very long time because the development cycles are multiple years. They can make or break a company. Those choices of course include supply and sourcing availability and I would expect that this would include consideration of geopolitics.

But one huge advantage that Vivek pointed out during this week’s presentation is that POET can be built from existing capacity.  Capex is  1/10th the cost of other approaches.  So a company does not have to invest $100’s of millions to put into place the production equipment required to supply active alignment needs of existing technologies. This is why they can hit the ground running with Sanan and likely a big reason why Sanan provided POET with such good terms.