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Re: leifsmith post# 116697

Tuesday, 12/29/2015 11:23:06 AM

Tuesday, December 29, 2015 11:23:06 AM

Post# of 146240
Back in 2001 Apple was a second tier PC company far behind the Wintel juggernaut. There was no reason to expect that it would become the consumer electronics powerhouse that it has become since. So people who bought Apple then made a ton of money, but it was 10% smarts and 90% luck. The investors who think that it was 100% their own genius are the ones who will lose most of their gains on their next big investment.

NNVC has no Steve Jobs. It has a CEO who is a compulsive over promiser and a president who can't make his product in useful quantities. Also, unlike Apple, NNVC owns no intellectual property of significance.
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