Salim, Greg,
So I'm one of those newbies who jumped in on 11/12 to IMPX.
Why? Four reasons IMHO:
1) EPAC technology; the analogue to this (parden the pun) in the
digital world is Xilinx (XLNX) which is now a $1/2 Billion company
in a $1.5B market. It could take 3 years to get a ramp up...
2) David Laws, CEO, brought QuickLogic, an FPGA-type company,
up from scratch to a viable company.
3) Bernie Von der Schmitt (sp?), on the board, is Chairman and founder of Xilinx.
4) IMP has been around as long as I've been in the Valley, over
17 years. It's not going away.
Maybe this dead cat will bounce to the Moon over the next three years.
Salim, sorry about your huge losses. That is terrible. To all who read
this far, please listen to Bob Brinker's Moneytalk and listen to his portfolio diversification strategies. If I'd have listened to him I would have been rich!
Dennis Rose |
