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Well Apple may be a bit optimistic but the potential is there in verticals for sure - my understanding was the modulators are just the first, most straight forward path to commercialization.
I can’t recall exactly but around 2005 I think. Albeit a past CEO is what used the phrase - but I believe Marcelli was a bit too optimistic for the time too. Maybe someone else can remember more fully. That was prior to making devices and they thought a tier 1 would pick up the material based on its chemistry.
Meant to say Lebby is the right man at this point in time.
Couple other observations about LWLG. Zelibor definitely should be credited with the turn around in this company. He focused their attention to the modulator market and stopped the company rocket ship chatter. Lebby is a beneficiary of his direction change; though I might add the right man for the job at this point in time. My initial investment was based on Joe Miller and Fred Leonberger, throughout my research and the companies claims which albeit are extraordinary to say the least, I would tell myself these guys don’t need to ruin their stellar reputations. I found myself believing in the company thinking about their involvement, thinking their involvement was strictly to benefit society and that the had a good vision of what was needed for a paradigm shift in technology. We now stand upon exactly that: a paradigm shift. While the struggle has been long and the industry has been difficult to break into - the time is right, the technology is there and the only question in my mind at this point is do we get bought out or are we sitting on the next Apple.
I’ve been around a long time, had many shares but sold way too early on the run up. Bought back a fraction of shares I had at a higher price of course since first ones were in the pennies. What I find most encouraging at this point is institutional holdings. At 14 to 15%, I think it shows some stability going forward. The CHIPS act also is encouraging news, the next wave of innovation is required to really put foundries on top of the manufacturing picture. The need for speed and volume is there - streaming increasing, video, remote work, video conferencing, cloud usage all point to a move from current technology. The kicker is 1/10th power consumption - with the cost of energy and electrical demand increasing; this technology is needed to achieve the GREEN agenda. My hope is we can transition before the political climate really sucks.
Totally agree with your assessment F2! If any company needed LWLG technology and product right now it’s INTC. And they are gearing up for a new foundry near Columbus, Ohio so what better to generate a better future than to announce a partnership that launches the company into the future. Gelsinger needs LWLG bad.
Gee I like boxed wine. Sit here nightly reading these threads while enjoying my Cabernet. Even if LWLG hits it big, I’ll still drink boxed Woodbridge - it’s good. I would have to think faster / less power required chips will make better weapon systems, hence I agree this tech should not go to China.
https://www.reuters.com/technology/chip-startups-using-light-instead-wires-gaining-speed-investments-2022-04-26/
Lots of similar companies getting funding. Wonder what this means for LWLG?
Voted my shares yesterday. Merger is a good thing I believe - voted yes. However, voted no on the executive compensation proposal. FMSA had $16 IPO 10/14 - they do not deserve bonuses / sweet heart dealers. I’m glad the lawyers are circling to keep the transaction fair.
FMSA and Unimin merger should result in net FMSA worth of $7 to $8 per share.
Agreed, I do work in power train automotive and have helped develop and refine systems to locate fasteners / confirm associates worked on correct fasteners etc. The work VUZI did with DHL is impressive in terms of pick to sight. Meaning the software identified which item to pick using bar code etc. It will get very interesting when the glasses can confirm the associate wearing the glasses actual did pick the right part. Or better yet confirm they actually “placed / assembled” the right part. If this type of approach can be confirmed - assembly lines can reduce “loss” related to “double checks” and count on first time assembly being correct. Manpower involved in quality confirmation could be reduced drastically.
I work for an automotive company in assembly. VUZI technology definitely could be used on line to reduce wrong part installation, parts delivery etc. surprised we haven’t seen applications yet.
I think your setting pretty good. .74 cents at time of merger - then 35% of a company with less overall debt and significant sales potential in a solid market.
Agreed; proof is in the pudding. (Stock price) Picked up another few thousand shares. Just glad I dumped some at $1.40 on the last run up. I like a good sale!
Lebby - sorry.
Hope Dr. Lenny knocks it out of the park tomorrow. Looking forward to him getting serious interest from the big data users.
Decent volume, but looks like legs are getting wobbly.
What's your prognosis on oil and frack sand going forward from here? The last time you commented you were spot on. Nice run up recently, but not sure oil has legs to move into the $50's.
Lotta pumpin
If you know all of the shortcomings and have inside knowledge, spill the beans. You no more informed than anyone else.
I totally agree with you. Let's hope we can finally monetize something out of this company.
.69 is a good number, but this stock is going nowhere until we get a device which can be marketed. A lot of cheer leading going on - true volume is up but Im not confident it protends a reason for excitement.
I must admit this is one of the best posts I've read on this board in quite while. Thanks Wiseguy for some good advice.
Lets hop so.
You were correct. This stock has been beaten to a pulp.
What comes after Tuesday? ..........WTF
Insider buying would be the best sign possible. I too am perplexed by the shift from the bleached wave guide to the ridge thing. The only real reason for a change in focus now would be poor results or a shift in what near term customers want. Im surprised why the share price hasnt fallen off more than it has. Somebody had to buy the shares sold off recently. So who bought?
Open question to those in attendance, did the Goetz family have a presence at the meeting? Just curious.
Interesting article, thanks for posting.
This stock has been a wild ride, not sure where oil is headed this summer, so I sold.
I get the fact, that everyone has a right to their own choice. I was invested when Jim was leading, and I could remember thinking, this company is either going up big time or Jim' s going to have a problem with the law. But I just chalk it up as the LSS leading him on. I still stand by what I said though, not sure why one would hang in if they didn't have confidence in this board. Today's board is better than ever.
I just voted my 25,000 shares to support the board. Anyone that votes against the board shouldnt be invested IMHO. Being invested in this type of company / technology requires confidence in the people leading, if you have none you probably should not been invested.
Intels current growth business is chips used in data centers, the PC business is in decline for sure. The only reason they wouldn't want to deal with LWLG is because we are not ready. They'd be fools to burn the bridge if we in fact had a solution. Bottom line, they are setting back just watching closely, they can throw down the cash in no time when needed. Our challenge is to get things in a device that works, and is confirmed to be durable and better ( faster, cheaper, lower power) than what is currently used, pretty simple, they really have no need to force a change, cause there the only game in town now. ( one of a few )
It will be kind of like the ultimate short squeeze once we have verifiable data, it will be a bidding war. Proof will set the ball rolling, simple as that.
As far as I can tell they have not issued any ballots yet. Should see something soon though, I was just explaining how it would arrive when it becomes available. Has anyone else received the proxy yet?
Normally I get an email from my broker.
Thanks for posting the article from Caltech, very interesting indeed.
Nice timing on your buy in, wish I had waited a bit longer. I bought in at an average of $8.30. As long as FMSA's revenues keep growing, there's no worries in returning to double digits.
Thanks for the correction, I missed the note.
Does anyone know when / how Mr. Ashton acquired his shares?
Thanks for the info X; much appreciated.
I just read the proxy materials, pretty much what I expected. We all need to vote for the increase in shares, if we don't it would only serve to hog tie George's ability to work a deal.
I find it reassuring that George has maintained a steady purchase of shares recently. He's relatively young and new to the company; he must have confidence in the pace of progress.
My advise is to follow the money guys. Because after all, that's what we are all after.