This is true, but why did a large company ask for 40nm PET, only for it to be put on the back burner. That said, why did AM, SV and SB all join poet, if they were going to have to totally change the focus of the company, adding another 18months until revenue realisation. It doesn't add up to me, they must have seen something more than a few hotchpotch ideas for revenue. The risk would have been far to high at that point.

Anyway I realise I'm speculating to some extent here, but I believe it's more than just wild fanticism.