Hi Jamis,
It is all guesswork because none of us knows. But I am one of the few investors still running in the $0.45 competition!
I can only say that my impression, from reading Sri's letter, is that things will take a good while longer yet. I can see a reluctance for some manufacturers to get started fully when they know there are ways to improve the performance of the cad free dots.
It is the same sort of difficulty for Nanoco, that they seem to be still trying to perfect this, so not necessarily a criticism of QTMM, just a reality for the industry. A year and half ago I was refusing to invest in Nanoco on the basis of what I thought was the need for more lab progress. Things might well be close now for both companies, but how close?
Best wishes
JB
