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Alias Born | 12/06/2003 |
Wednesday, July 18, 2018 10:56:22 AM
Not likely as I see it. Perhaps as I hope.
Ever hear of Stanford Ovshinsky, the unschooled Polish physicist, who jealously scoffed at "threadbare physics Ph.D's" reading papers to each other at scientific conventions while he wore handmade Italian shoes and silk Hong Kong suits.
Probably looked like a gangster or pimp with a big car to match but Stan made himself and his investors very wealthy during the 38 years before his Energy Conversion Devices made significant sales and even profits.
Ovshinsky's inventions [ovonics yet] are still on the cutting edge today.
https://www.forbes.com/sites/joannmuller/2012/10/18/stanford-ovshinsky-the-battery-genius-behind-smartphones-and-hybrids-dies-at-89/#32c5b31c2658
Ovshinsky was unique, a man quite capable of shaking the market with his own dazzling proclamations amid an army of doubters that included me generally.
Lebby and Liu are not cut from the same mold as Ovshinsky. No one is.
Investors get a bargain with the like of Lebby and Liu talking to people capable of understanding them instead of the usual Street people pushing more junk for hearth, house and home with catchy jingles.
https://www.forbes.com/sites/joannmuller/2012/10/18/stanford-ovshinsky-the-battery-genius-behind-smartphones-and-hybrids-dies-at-89/#32c5b31c2658
From the referenced message to LWLG IR:
There were probably half a dozen other stated objectives/projects throughout this decade long odyssey, all of which have since been scrapped so honestly, after a whole decade now, I get suspicious whenever it seems like the product line, and concomitant time-line, changes on us investors.
In my view, Lebby - instead of scrapping the future - is picking up the pieces so casually junked by The Admiral on the Admiral's academic junkets.
Best, Terry
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