SEV, I pointed out something didn't smell right many times here with the following basic points
1) the PP being buried in another news release and not being stand alone was not a good start
2) the term "modest" being used and SEV telling us he heard 1-2 million sounded like cash to keep lights on versus a ramp for 800g ACCs
3) the LY PP closed in 5 days and was oversubscribed
4) this PP was supposed to close by end of March 2024, it didn't
5) LY's PP was 6 million and was oversubscribed at $1 this PP was expected much smaller at about half the price but was taking 4x as long and then didn't even close as expected
6) I said when the news finally drops on the PP it would be either really good or really bad, it was really bad
7) the 60% CAGR didn't smell anything like Nvidia to me
I also posted these questions
1) was the untimely departure of Bonnie really for the reason stated
2) why was this "modest" PP buried in another news release
3) why would RH and RP not want to lead the charge on this PP when they know 800gb honeypot is on the doorstep considering they led the charge on all other less significant PP's of the past
4) why were investors turned away and told it was oversubscribed
and investors here knew these things
1) S7 was the only player involved with the Ethernet Alliance interoperability demonstration recently and had been acclaimed for it
2) it's a no brainer that the 800gb ACC market is a honeypot for ACC's
3) future did a great job connecting tons of dots for us here, hard to believe none of that would have some validity
so yes, I was very cautionary lately and waiting to see the outcome of the PP but never expected it to be scrubbed with only 2 weeks operating cash to be announced, things really don't add up and I feel bad for guys like you, Steve and future here honestly
