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Re: Chart Reader post# 187784

Monday, 04/22/2024 10:50:08 AM

Monday, April 22, 2024 10:50:08 AM

Post# of 197581
Chartreader, the bough is about to break imo - as you point out the charts are really precarious right now.

IMO Chart Reader, you are here at the right time - please do let us know what your take is on these charts reflecting the fundamental reality.

You say news a few times a year pushes the direction, and I wouldn't disagree although I'd say news varies by degree and theme - and that the ABSENCE of expected news takes a toll on the supply-demand equation too..

A MAJOR meeting in Antwerk just happened on Friday and as soon as the meeting was over we saw larger volume sells, and here we are seeing even more weakness Mon morning. This is after a weekend of people digesting what really was NOT said (ie of course not - SEC violation to say anything that can affect the stock price).

The few positive comments and the secret emails about this big meeting aren't fooling the market. If "on track" was said it is as meaningless as "on track" meant in the Dec '22 shareholder letter. The last bastion for longs is the upcoming ASM in one month but in their heart of hearts they know this is not going as they thought it would and many just can't figure out why. Many refuse to consider any of these damning questions as pointing to the truth about why the company continues to dangle carrots year after year: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174232127

The price weakness is telling the real story here about both the company and investor fatigue.


Right now the undeniable theme is the that the company is coming up with one reason/excuse after another for why there has not been a commercial deal.

The 'crowd' is being extra hostile towards those that point out the basic fact that the company has yet to answer the simplest of questions that make all of the difference:

1. No PDKs still . When will the tech be considered good enough by a single 200mm foundry - and confirmed with the first complete qualified PDK that includes the full front and back end technology that incorporates what Lightwave brings to the table?

2. What reliability tests are the prospective customers saying needs to still be done - ie the 'more data' - and WHEN does the company anticipate having that data so that these customers are satisfied with reliability?

3. Scaling - what needs to be done before prospective customers are satisfied that the technology really can scale?

4. When will the company have a 4x200 PIC, and when will a transceiver company be willing to create an actual demo for prospective clients instead of the company resorting to only showing lab results that demonstrate a good signal?

Again, welcome.
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