To begin with - Mike, you are both Bill Lund and Bongo, as well as many other aliases. I know you have a hard time keeping them straight - posting schizophrenia can lead to confusion.
As to the Lucent connection, CRI has being doing some work for Lucent, a relationship has been developing. What that spells in the end is anyone's guess at this point and speaking without any personal knowledge on the subject, my guess that any takeover speculation on that level is premature.
Finally, as to what was termed as Mike's tripe by an earlier poster, I offer up the following:
It's no secret that this company has had financial issues in the past, in retrospect it otherwise would not have done things like gotten involved with Israel Securities to buy out a portion of the company's 504 offering (an act the company put an end to once it realized the damage Israel Securities was causing to the stock), which despite the negative implications for the stock brought in capital that was vital for keeping the company afloat. The industry has taken longer to come around than anyone has imagined. However, as trumpeted by many news organizations and with the upsurge in attendance at major videoconferencing conventions, it seems quite clear that the industry is at the cusp of realizing its full potential. VTPI with arguable the best positioned products in the desk top videoconferencing industry from a purchase price, ease of use, graphic capabilities and cost of ongoing use perspective has survived to get to this point (which was the hardest part of the struggle). With the very recent increase in prospects of the industry, the company is now better poised than ever to take off in way that was always envisioned by us long term, die-hards in the stock. Even at $.20 the company is valued at less than $4 million. The company in its current state and with its current prospects is worth (IMHO) 10 times that and that's not even including the revenue generated by the CRI subsidiary. |
