Miler- I feel the need to say that I have absolutely no concerns at this time. It has taken me awhile to get over what happened in the past regarding delays, non-communication etc. but I have finally succeeded in doing so. It is obvious to me that Tom Cooper is willing to communicate with us. Let me see if I can help you out a little bit here by sharing my perspective.
Tom Cooper is obviously a no nonsense guy. He's NOT going to make statements without putting a great deal of thought into them. I have developed a great deal of confidence in Tom's ability to deliver on the promise.
New Visual is at the point now where they can more accurately predict how long certain processes are going to take. Let's look at a statement from the pr:
" New Visual's sophisticated simulations also accurately modeled the performance of copper wire in an actual operating environment. "
Do you realize what that means? Let me try to explain. They have many different applications. They are in the process of testing each application and coming up with a spec sheet as we speak. You can bet your bottom dollar that prior to them taking these applications into the field for testing they did the simulation first and worked out a VERY HIGH percentage of any bugs that may have existed. With this in mind, and taking into account that the field test they recently performed only took three days (per John Howell), they can predict with a high level of accuracy the amount of time it will take to complete the remaining tests.
Now you say you are displeased with the fact that we will not have a finished product until the second quarter of 2003? According to my records this is nothing new. Mr. Cooper stated that in the first letter from the president. We are on track as far as I can tell and I am pleased as punch that Tom sees fit to keep us informed and am even happier that he is doing so using official press releases.
"...our underlying science and technology worked as expected. As a result, we are meeting and possibly even ahead of our development schedule."
It's also my understanding that there are some who doubt that the tests completed recently were actual real world tests performed in the field. To that I can only post this from the PR:
" The results of this test, which is the first in a series of field tests..."
Some people work all of their lives to save for retirement. All we have to do now is sit back and wait. Best regards, Elder.
