TheBeach,
The only stock I've seen you recommend is shown at:
quote.yahoo.com
Down by 50% since you recommended it; illiquid; and no operating revenues; with a burn rate that will use up its Cash in less than 2 years.
If you've read Pat's posts, you'd know that she's not in CIEN;
I've never seen her advocate the use of ultra short term options: that seems to be your own strategy. Certainly you wouldn't blame Pat because you picked a losing strategy to attempt to leverage an anticipated gain in a winning stock.
And why do you seem less than sincere when you wrote,
"... I must say it bothers me to see such a fine person get burned."
or were you looking in a mirror as you typed?
Pat has been most helpful contributing significant time and energy, going way above and beyond the call of duty in helping less knowledgeable people, myself included.
Perhaps if you ever contribute one tenth as much as Pat, others will take your criticisms or posts seriously.
Ontopic:
Clarify Presentation:
Indicates they're a small company with some bright people, small number of patents pending, 1 obtained that hopes to offer a product to take care of the last mile. The presentation is weak on details: such as how much bandwidth they can deliver by Wireless technology.
A couple of the slides deal with Wireless Local Loop: Consultants estimate of the market and growth for WLL. The cost of their BroadBand WLL solution (0.8K) vs Fiber to the Home (3K) or ADSL (1K).
They think their advantage may be to:
Bypass buying Local Access rights. Scaleable Technology Rapid Deployment Support High Data Rates (but don't say how high).
The pictures would lead one to conclude that their technology is just like using RF to extend a SONET loop to an Enterprise Campus Network.
However there are no words in the presentation that indicate the actual speed attainable, the distances which may be traversed, or what they expect to deliver when or at what price.
FWIW, Ian. |