Rick: The Sanan deal is great, but you do realize we just sold half of our company to the Chinese for less than 50 million right?
Poetry in Pain: Was it not less than 25 million......half the 50 million Poet IP
Guys that is not a correct assessment:
Ask yourself this question:
Where would POET get $25M to build out manufacturing just for optical engines for specific transceivers? And they now have half the company with an ability to list the JV eventually on the Shanghai exchange.
And just to be perfectly clear POET has much bigger fish to fry in co-packaged optics and edge computing space.
Pluggables represent an early fraction to POETs breath of applications. POET is essentially getting a free ride and access to a massive market.
This is really a golden opportunity for POET and its shareholders.
I took the opportunity to buy at these prices because this company has huge value that will eventually be recognized by a wider market.