doc's perspective
or at least one doc's perspective....
caveats.. i am invested, i'm not a radiologist (i'm an internist with an interest in radiology) and have some experience in business. i'm neither a pumper nor basher and i'm not so invested that i would lose my shirt if this goes sour.
i have two observations about the videos and comments made here and at yahoo about them:
first, as i've long known, the promise of this tech is incredible. you guys have to realize if he can instantaneously 3D render something like "the hand", um yeah...forget about it. that's not out there AT ALL to the best of my knowledge. the possible applications are huge. we didn't get to see the other prototype which is too bad but understandable. still i have to say, if his claim is true that is really impressive. at this point, with the level of communication he puts out there, i don't really see any good reason to distrust him.
second, regarding all of this chit chat about the size of the space, number of people, etc. do you guys have any experience with development stage corporations? i do, in a round about way. suffice it to say i have a close family member who has worked diligently in a string of small dev stage biotechs for years. i've visited each one so far. they all pretty much looked like what i saw today. warehouse setup with admin and pretty becky :) up front, sleepy looking techies with equipment out back. each time i visited the bro, i'd look around and worry about my sis.
that was until a month or two ago when his latest co's parent company (which rhymes with "byron-hood") ipo came out at around $14 i believe. it was the sleepy tech guys in the back that allowed that to happen. seriously, these guys with about 10 feet of bench space and a few decent pieces of equipment came out and published more than once in Science and other biggies. i don't think anyone is worred about how pretty their labs are now.(before anyone hammers me, yes i know you can't compare that co with this one. i'm simply making a point about judging based on appearances alone.)
i also know there are unanswered questions about financing, the fda, etc., etc. there ALWAYS are in these plays. i've planned how i'm gonna play this and i realize this may or may not be the same as anyone else. i just hope investors try to make rational decsions based on DD and their appropriate level of risk and not get suckered in by, "well, the floor space looks small" or "the walls are too green" type hooey.
sc
