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Message: Re: It will be interesting

Mar 22, 2007 04:08AM

Re: It will be interesting

posted on Mar 22, 2007 03:08PM

"Don't know if I agree with sinkman that it is 1999 all over again, but at least it is not 2005 all over again"

I meant the first few months of 1999 when the price was just starting to rise before big partners (IBM, TI, and Lucent?) were announced. It was in late April that the share price really took off and that was when I got in... on the relatively high side of that run - unfortunately for me. (My very first purchase was at $1.44)

Anyway in retrospect, there was clearly an opportunity during January, February, and March for folks who knew something about the company, it’s patents, and therefore its potential. They were able to get in pretty low and speculate heavily on the outcome. Most people who did made out very well indeed - even forgetting about the wild run later in January 2000.

I wish I’d known about the company a little earlier and bought in March 1999. Now it’s March 2007. Deja vu?

Nearly 8 years of experience tells me there is again such potential for a big price increase here over the next few months and almost certainly by year’s end. Not to $24.50 of course, but $1 or even $2 is not out of the realm - very similar to the action during the first part of 1999. Exactly what they’ll announce when is anyone’s guess.

Your nauseating (at the time) repetition of posts which included statements basically saying that you believed the company would reach some sort of definitive milestone of success by mid-2005 was way off by almost two years now. Obviously no one can know the timing for these kinds of things. Yet clearly something is brewing and even without hard facts, we’ve seen that market action can sometimes take on a life of its own. The stock is becoming truly exciting again and I think the interest we’re starting to see now will spread and continue over the next several months. I think DABOSS’s basic (and consistent) point at least in this particular environment is very well taken - why should anyone want to throw water on a perfectly good and growing fire that can warm us all? Clearly it’s time for you to join the glee club.

To the moon!!!

- Sinkman


Mar 22, 2007 06:35PM
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