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Re: wheels post# 5507

Saturday, 08/31/2002 3:05:41 PM

Saturday, August 31, 2002 3:05:41 PM

Post# of 78729
Wheels. That was just one in a series of field tests.
There is quite a lot that goes on in these tests.

The prototypes will need to be tested over and over again.

When they hand off the prototypes to the manufacture/telcos they will have absolutely no doubt to the behavior patterns exhibited.

At this point and time it will be a nonevent to NV when they hand it off as their confidence will be at the highest level knowing it will work as per specs required.

To us shareholders it will be a huge event as it will be another big step towards revenues.

It is my belief that once the tech has been tested in a carrier trial you then will be at the point of the tech industry buying in.

I believe their rewards to risk ratio is unlike ours.

They have seen to many products fail.

They would rather pay 3 to $5.00 a share than risk it now. This is a natural industry reaction imo.



I do agree with you it would be nice to see some insiders buy.

I feel there is a few ways you can look at the lack of this buying happening.

1. Maybe they aren't sure themselves if this is a sure thing or not?

2. They have already rewarded themselves so many shares why buy more as what they have will make them filthy rich?

I'll go with number two.

On July 12th many of us were quite relieved to read the presentation or attend it.

When we found out all the behind the scenes work that had been going on most of us were on cloud nine.

Yet since that time as the share price has eroded so has the confidence level of shareholders.

As hard as it is to not tie our emotions to the shareprice I believe we as shareholders must do that in order to obtain a clear understanding of the reality of the situation.

The reality I'm implying is this.

The field tests is one huge step towards revenues.

The carrier trials are a slam dunk as they will know it has worked the same way many of times being tested.

Because of all of the conditions that are present during field testing this requires enough time to test all of these.

Thus our current wait.

These may be the dog days of summer.

And the frustration may be high.

Yet IMO we are well on the way towards our goal.





Excel

People don't run out of dreams
They just run out of time.
Glen Frey




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