I mentioned late yesterday all of the ridiculous hopes people were putting on this presentation, but to be honest I think today was exactly as should have been expected except for one large thing that people are missing.

They actually went into details!

I realize not all of us are semiconductor experts, but even I could see the extra detail they talked about. This will generate buzz in the industry which is what they're trying to do.

I full expect in the next few weeks we will see the 100nm announcement and I wouldn't be surprised if we see a licensing deal by the end of May. To me this presentation displays something very profound... they're essentially done the bulk of the research. You don't send out your chief scientist to start discussing details to the public unless you're ready to.

While I'm obviously disappointed that the share price dropped, as everyone is, all I can see is amazing things for us in the future.

Leth