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Biotech / Medical : VERISANTE TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?


To: Threshold who wrote (96)4/30/2012 8:22:07 AM
From: Mark Bartlett  Read Replies (1) | Respond to of 254
 
Threshold,

I agree with your analysis. Thomas seems like a nice guy, but I suspect that he is from the old school who believe that all you need to do is build a better mouse trap and they will come running -- not so. Apple languished years ago for that same reason -- they were clearly far superior to Microsoft yet suffered as well.
I think a number of us have to make it clear to the Thomas/board that we are not at all happy with the share price and make it clear we expect some action on that front. They seem to have gone into hibernation with substantive news announcements -- is that because there is nothing to announce or are they making progress and waiting for some future point in time.

I think they were caught a little flat footed and now are trying to catch up on the production side of things ... just my sense, nothing factual.

Whatever the case, they need to communicate with shareholders more and in more detail as to the company's status -- this would not be the first company to have a great new product that flubbed the commercialization phase ... hopefully that will not happen.

- M