Re: Impotent management
posted on
Nov 30, 2017 12:34PM
Mazan, we have talked about the past many times. But as investors I think we need to focus on the future. We are all expecting to hear something about India soon but it is not surprising that we have not had an announcement yet given the speed at which government bureaucracy moves in India which is unfortunately worse than most places in the world. What we do know is that the SCL 6 inch line has (or continues) to be upgraded which tells us they are preparing that facility for new capabilities which can reasonably be concluded is for the GaAs monolithic technology transfer. So I truly believe it will happen. India should not be regarded as a charity case because the POET GaAs platform has great value as the only technology capable of monolithic integration and I think we can expect to see a good deal made. The market for sensing applications is exploding right now which puts the GaAs platform into the sweet spot for this company. I fully believe that there will not be another POET so although it is going to take time it will in my opinion be that jewel in the crown for this company and its shareholders.
But in the meantime POET is moving forward to commercialize the disruptive cost benefits of the dielectric/InP platform. And that is going to have in my opinion massive growth as those optical engines become available.
We can continue to be backward looking and see all the mistakes that have been made but I think our energy is better served by looking forward.