Re: Transcript 2: Oppenheimer 25th Annual Technology, Internet & Communications Conference
posted on
Aug 15, 2022 09:03AM
"There are a couple of customers on this list that individually can represent, over the period of our business model, 100-million dollars a year. So these are not just second or third tier module maker customers in China, these are important companies where they represent major revenue opportunities for us."
Suresh said that innovation is incremental. And some companies are sitting on the sideline just waiting for POET to show that their products are manufacturable at scale. A TIER1 company doesn't just shake an order of 100 million out of its sleeve... These are very long processes involved here. And POET will get there. I'm also quite sure that these (very modest projected) revenues will increase as more customers are added to the list and more products are being developed. 10M obviously is a modest prediction as a start. Could be more than 100M eventually or more than that in 2024. And a company beating the expectations is much better than not meeting expectations, I think management has learned from the global pandemic regarding expectations. Better buy shares before they bring in these numbers. They sign one 100M contract with a TIER1 and POET's shareprice goes throught the roof. And these markets will explode. POET is extremely well positioned. https://explodingtopics.com/blog/ai-statistics It is time to be way more bullish about our precious POET.