Mitch: It's clear Line 1 has it's difficulties. Can anyone speak to why they'd use a different manufacturer for line 1 than for the other lines? Is it because line 1 can be, potentially once the bugs are worked out, easily converted to a variety of formats, or can produce a variety of formats at the same time? Low cost bid by the manufacturer? What? I'm not too concerned about line 1's difficulties since the remaining lines are using a process that's already been pretty much tried and proven to work, so being able to produce isn't a concern.
PLUS; don't forget CR's comment about tooling those additional lines to specific client needs, ie. laptop,cellphone, etc.. Clearly he has the confidence in those lines to start the sales "hustle" to bring in clients for their production. So,since line 1's problems aren't insurmountable(CR's indication), the other lines seem to be on track, and the litigation issue seems to be in hand(ie. the special master commentary), I council patience for all us longs. VLNC's day will come, most likely sooner than we expect, but at the worse, 1st qrtr '98. Given the potential we're dealing with here(imo, at least a double from current levels), I can wait 6 months. Clearly, others can too, since in this roiling market VLNC is holding up well!!
Regards!
John~ |
