Without the depth perception that POET deserves, I believe that a superficial look at the price without any ability to show anything based upon any earnings could easily cause the flippant and unfortunate use of the words steep valuation.  It almost seems dismissive in its use and exactly at a time when the public could really use a true value stock and a story stock.  POET is both.  There has been and continues to be an efficient use of capital by management and an exceedingly strong effort by the POET team to make products and make what they have accomplished known to the industry.

Remember these critical wheelhouse facts:

POET has done something that the entire industry needs.

POET has done something that companies with hundreds of millions of dollars and hundreds of engineers has been unable to do for over two decades.

POET will cause a wide-ranging industry expansion in better and also new products.

POET has no peers.

POET's manufacturing, test and packaging is fully automated.

POET's components are integrated into a single chip.

POET's components are fully integrated electrically and optically.

POET does everything at wafer-level with current semiconductor technology.  Wafer-Level means all processes are done on full wafers, 100’s at a time, in an automated process rather than one at a time.

The semiconductor industry has adopted the term Wafer-Level Chip-Scale Packaging to describe similar approaches to what POET has done. 

POET's technologies are scalable.  The industry's current technologies do not scale for the hundreds of millions and billions of units per year that they need.

When POET is examined dimensionally, it is anything but a steep valuation stock.  In my opinion, POET Technologies is one of the most unnoticed, undervalued stocks available currently.  They are on the cusp of becoming an explosive, hyper-growth stock for a period of years if they escape being bought outright, which is something that I see happening.