In 1965 (Carnaby Street, Beetles, Stones, swinging etc.) I was an undergraduate at UCL, London. Two of our professors in Physiology and Biophysics (Huxley and Katz) were Nobel Laureates. Neither was a good lecturer and were generally unpopular among my fellow undergrads. Arguably, the greatest scientist of all time, Sir Isaac Newton (1680s) was very unpopular with his students and widely shunned because he could not be understood. He had to be persuaded by Edmund Halley (Astronomer Royal, you will recall the eponymous comet) to write the "Principia". When published, it was and still is regarded as the greatest product of the scientific mind of all time. It remains the foundation for understanding astronomy, marine technology, engineering, calculus, geometry etc. Even today, when a rocket is launched the equations for force, velocity, direction, position are Newtonian. It is taught in every high school, iniversity in the world. Oh yes! Great minds are sometimes poor lecturers.

Dr Geoffrey Taylor has been invited to give a lecture at the Empire Club. His predecessors in this lecture are truly some of the planet's exalted ones - look at the list of previous speakers. He is speaking at Canada's largest city and he is a graduate of the University of Toronto, one of the great institutions of the world, and is speaking to the good and great of his city of graduation. This is an honour of some magnitude. It is deserved for it recognises someone who has an answer to a looming problem in the world of semi-conductors. For 20 years he has been aware of this problem with Silicon technology and has conceived and developed an alternative using a different semiconductor material. We now sit on the cusp of what is likely to be a revolution. This really is smart stuff, a weakness at lecturing is irrelevant to the point of vanishing.

The market available to this product is huge, vast, enormous, gigantic. It inclues the motor industry, mobile technology, ipads, phones, laptops, PC's, military, medical, power distribution, research etc. In fact it is actually quite difficult to know where a semiconductior is not involved - a rock in the sea, a walk to the park, when youare laid to rest in a coffin: I struggle. More importantly the estimation is of higher demand over time and that feels accurate. In this market the rewards for ourselves, as investors, are likely to be high, oceanic, colossal, titanic, monstrous or any othe adjective of size you would care me enter here. So, hang on to those shares, watch this forum to seek advice, enjoy the ride, ignore the fast buck merchants and the ones that put walls up at fixed prices, await the news releases (NR). Over this next 1 year months expect a revenue stream, announcements of parners, achievement of all milestones. I cannot say what the share price will be in 3 months time but the probabilites favour it will be substantially higher, for I am unaware of any reason that will reduce it, though I look for it.

DNWL