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To: Labrador who wrote (32623)	6/2/1999 9:13:00 AM
From: dumbmoney	Read Replies (3) \| Respond to of 33344

Confused by your analysis. Let's say that there is a 50% chance that the Foveon could turn the photography industry on its ear within 5 years. Why is the market capitalization only $1 billion. Why not $100 billion? Do you really believe those numbers? What private market valuation would you put on Foveon today, based on those numbers? How did you get a 10% chance? Is this just a number you picked out of the sky? It's a number I thought was optimistic. A more realistic number would be 1%.