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Re: spokeshave post# 39216

Tuesday, 09/27/2005 3:45:13 PM

Tuesday, September 27, 2005 3:45:13 PM

Post# of 78736
spokeshave: Comparing financing availability between a private company and a public one with a crappy balance sheet is not possible with any degree of relevance.

Brad may believe that RIM can do it for less than 5% of what Ikanos required, but that is, as I have said before, patently ridiculous

They didn't spend 5% of what Ikanos required. You have to add up what they spent for ANI, and what ANI spent to develop powerstream if you want to see what it has cost for Embarq to get to this point.

We know what Rim is spending from this point on to finish the FPGA (which HS confirms). If you want to argue that the FPGA can't be finished by HS because not enough money has been spent, you can take that argument up with them.

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