True, but Dell & Gateway aren't technology leaders.They are low cost manufacturers and distributors. They'll go with the flow and follow the standards set by the leaders. That's where Mytec missed the boat.
Mytec has $1,000 technology. Compaq is already below $100. The world knows that Compaq blew Mytec off, so the question is whether Mytec can overcome the obvious black stain.
IBM are going there own way. I don't know about Toshiba. The thing is, there is an extemely long lead time to dealing with quality OEM companies. The Compaq news leaked out way ahead of the announcement and the announcement was almost 2 years ago. That's how long it took Compaq from start to finish.
My guess, is that if they really had something or were close to scoring with one of the leading OEMs, we would have already heard about it. Also, at the annual meeting, Grecco would have made a reference to a large potential opportunity; but he didn't.
Your assessment that biometrics may now take off is a correct one, but it will also lead to a long awaited shakeout in the industry.I'm tired of being accused of negative thinking, so I'll let you draw your own conclusions.
However, I did blow out a few thousand more shares today. It felt good. Fortunately, I didn't lose much money and anyway, I made a few bucks in the past to offset the loss. That's why I'm still smiling. The other consolation is that Grecco's 600,000 options aren't likely to be worth much in the end, so I guess I got all upset over nothing.
I rather feel sorry for the lard ass. He has a few big holes in his canoe. |
