Although there is relative silence, I keep thinking, would Dr. Deshmukh have left AMAT for POET if he weren't convinced that the tech was in great shape? Same question for the new directors in terms of would they have joined POET's BOD, unless persuaded by Ajit and/or Taylor that the tech worked? Perhaps they would have gotten some sort of demonstration, including of the latest version of the RO and the VSCEL, which, if not finished, was close enough.

And would Dr. Deshmukh be himself sufficiently savvy to determine, if the work were not finished, how much risk remained in finishing it? My sense is that either he possesses sufficient tech knowledge himself, or he had a buddy that does, advise him, all under strict confidentiality agreements, of course.

Leaving the frankly less important new board members out of this for the time being (less important, because they are not joining as employees whose career paths are critically affected), the decision of Dr. Deshmukh could not have been made without careful consideration. In many ways, his decision is far more telling than Ajit's, as Ajit is set financially regardless, and his career is coming to a close. The other reason Dr. Deshmukh's decision is more telling is because it was made much further down the road than was Ajit's. Things apparently have not deteriorated since Ajit made his decision to throw in with POET.

And then you toss in Blevins, again, a validation of the tech, and of the future value of same. Is Blevins (or Deshmuk, for that matter) going to get involved with a company that has tech with a potential of a couple of billion of sales a year, or some sort of niche market? Hard to comprehend such a thing, really. These two see very big potential. Do they see a sure thing, though, I doubt that, but they like the odds. It is far more important as a prognostication tool that they like the odds, than that I like the odds.