Re: A Review of Two Posts
in response to
by
posted on
Dec 28, 2014 10:56PM
If I were an excellent chess player, I would know a lot about the game and be able to appreciate the play of higher ranked players, such as masters. But I wouldn't be able to perform at all like them, and they would beat me easily, in ways that I could appreciate, but not duplicate. And those players would have little chance against grandmasters, and most grandmasters would have little chance against those elite that challenge for the World Championship. To accomplish what POET avowedly has set out to do, is a task the caliber of which is playing for the World Championship. Are GT and POET actually scheduled to compete in the World Championship, or are they a cut below that caliber, yet they appear brilliant beyond belief to the "excellent chess player?"
Harry may come to his conclusions for far better and sounder reasons that I, but I do not have any problem believing he's a long, but unlike many others, he comes with a (healthy) dose of skepticism (who knows what past horrors have molded him, but my guess is an occasional butt-kicking at the hands of what seemed to be a "sure thing" to some. Seems to me, that his largest doubt is that POET will become mainstream or disruptive. That's mine, too. Since I have no knowledge of the tech, I come to that position from a market perspective, along with the perspective of playing odds in all sorts of endeavors. My hope is that Harry and my, along with a few others', skepticism will be proven way overblown and laughed up once all the cards are face up. I will laugh and poke fun at my attitude right along with the rest of you.
How much of a homerun it is if we get the high volume, high visibility market is hard to say, but you won't need many shares to become very rich if that happens. That's a no-brainer, but, to me, that result remains a longshot, and I base this almost completely on the current market cap in comparison to where POET is with the tech, which, most think, is fairly far along.
But smaller, niche markets, if you will, are very important. First, the share price can still do very well with a niche or two, and it will surely make POET attractive for a more modest buyout than most of us hope (there's that word again).
Finally, if the tech is accepted but no decent markets are readily found, the company will still have value. Even if that value is .80 per share, it would be very, very helpful, if for some reason we strike out on other more glamorous avenues. Regardless of the bona fides of management and the genius of GT, these things happen.
By the way, would anyone care to elaborate a bit on the comment about the toxicity issue that tannersfriend, I believe, brought up. If this has been discussed before, I missed it. A simple, "been discussed, and not a problem" if that's the case, would suffice for my purposes.