Rogue,

Reality is accepting that bringing a product to market is a series of key stages that take time.  When that product is leading edge technology like the POET OI (POI) there are more steps needed as the standard of proof is higher and take up more uncertain as customers have to come to terms with the benefits of the new technology and working out how that technology can be retro fitted into their current system or into new end user products.  Yes! The lady needs time.

I personally become more and more convinced that our tier one customer is CISCO, and as FJ has just posted along with and my perusal of CISCO's recent tech output I hear frequently language that is familiar to me in POET management's output of late including the analysts report delivered on the twentieth- a great aid to understanding the PTI proposition I might add.  Cisco is looking at getting the optics closer to the ASIC, artificial intelligence and machine learning to control its networks this above and beyond the issues of data centre and telecoms that the POI was originally aimed at and evidence of the utility it provides.

 So my advise would be to accept the cost and horrors of investing in bleeding edge technology but also that the POET offering in the POI is currently logically a front runner for known markets of enormous potential and already is being seen as a candidate for previously unimagined white box solutions to achieving greater speed at lower cost in the hardware that provides the telecommunications networks and at data centres.   This is one hell of an investment opportunity at this time in that markets life cycle but don't expect the wheel to turn quickly, it can't with so many brakes on rapid development but be sure the POI is preganant with potential, even if the gestation period for this baby is uncertain.  Just learn to cope with the uncertainty of soft systems where parameters move by necessity.

sula