Nothing new- just a recap of previous info from this thread.
You asked:Where are you getting "more and more indications of shipments to csco and nt"???? Hope its true!
My comments from a walk through Nuko shop with BK at Annual meeting:
techstocks.com
Anecdotal evidence:
techstocks.com
Incidentally, as we walked through the shop there was a large new cabinet unit that we stopped near. BK told us that it was one of their high end units and cost several hundred thousand. I kidded him that they had put it out there just for "sales purposes", but he said "No, its ready for shipment to a customer.
In the 1st Q there was only about $200k sold to Nortel. I received the impression that we will see much more than that in the 2nd Q and even more in the 3rd and 4th.
In general, I think everyone on the thread is getting turned off by the woeful financial management skills of these young guys. I mean "restated revenues", "forced margin call liquidations", and "private equity sales" at fire sale prices. These are not good signs, but the market has punished the stock enough for these lapses.
What will really lead to the success of the company is their ability to produce technologically capable products that the customers want. They have great name customers, who wouldn't be wasting their time if there wasn't something here. Remember we want someone who will make the products that people want. I think this team can, based on what I saw and heard, although I am not a technical expert in this area.
We should be patient, and give these relationships time to bloom.
Fittingly, the video they use to test their equipment, is the movie "Mission Impossible".
Paul |
