Zeev,
I was suprised to learn that your "core" long term holding is ULBI. ULBI is an illiquid stock, has an inferior Cobalt Technology, has no contracts
with an OEM, is far away from coming on line with their Taiwan joint venture, has suffered high level management changes, has lost many
talented people thru resignations, has no analyst coverage, may be in violation of VLNC patents, have no technology suitable for large format
high margin laptop applications and like VLNC were unable to perform on a previous "order". Yet, I have never even once seen you question
ULBI technology, management, business plan etc. I would think that you would be much more vocal regarding a core position stock rather than
spending as much time as you do on a "start-up" like VLNC. Make no mistake, I would love to have you in the VLNC long term investment
camp. I value your technical and business background and would feel fortunate to have you participate in discussions at CC and with
management on a regular basis.
Regards,
Robert |
