Renewed Investor Communications and Beta

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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jque

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Renewed Investor Communications and Beta

posted on Mar 15, 2020 09:43PM

Mika on March 2nd

"With this event, POET intends to launch a renewed investor communications program."

Like him or not we can all agree Mika has given us the minimum info to meet regulatory requirements. To make a statement like this and not follow up (yet) is unexpected from him and the former communications policy. The simplest answer is that something has changed in the last two weeks preventing the company from telling us what they had planned to tell us. As Mika also said the Tier 1 will be known once the Tier 1 approves.

Bigaas, I agree that POET has been low Beta and even negative Beta at times, but this time I think it is different because the update we want has a dependence on the Tier 1, which likely has a Beta greater than 1 and is affected by the current state of affairs. Global supply chains, manufacturing and every other step in the process are presenting significant uncertainty. Like many others I thought the OFC was going to be different and still believe the company is turning the corner. Unfortunately, this time I think the market is affecting POET and we will be holding on for a little longer.