I haven’t added anything because I don’t know what to say, I hate to bum everybody out, and I’m sorry for thinking that they’d be able to get their act together by the end of the year on an M&A. Honestly I thought for sure they’d have completed a partnership by now but obviously they haven’t. From day one, even back in the Goetz’s days they ALWAYS take months to years to do things that one would think should take weeks or months at best, but as Fred used to say, “that’s science”. Fred was not a business person, The one bit of good news that made me feel better was that Leonberger is going to work directly with the board and looking back at his time at JDSU that was one of the things that he did for them AND did it well. I’d say he’s heading for a spot on the board. When a merger happens it looks like we’ll get a new CTO. You have to love the government; we cannot give you clearance unless you have a contract and cannot give a contract unless you have clearance, Lol. SSDD
And I know, I KNOW they always say that it is not our fault it is whoever, (always the other side) as my Father used to say, “Excuses are Like A Holes, Everybody has one” but IMO I think that all of wisdom (that comes with age) that the board posses and because time passes differently as we age, it causes them to contemplate the next move for weeks or worse yet a month (until the next board meeting) or someone gets back from wherever, again instead of days, I don’t know if they ever had it but it appears that a sense of urgency is JUST NOT HERE. IMO something that could be worked out in a month ends up taking 6 months to a year. Who the F knows in 8 years they cannot even convince a fortune 500 with Billions of dollars in their R&D budget or the government to put up $100k honestly who knows what they have.
One of the investors sent me a link on the IKD-1-50 or whatever it is called, linking it to Dalton. Dalton is U of W, if there is a device involving any U of W technology that opens up an entirely different can of worms. Not saying it does, just saying IF.
Again 3 years of wandering around has worn us out, I think that we are finally where should have been 3 years ago but we’ve all wasted 3 years of our lives and compensated many for not doing what should have been done during that time.
We’ve watched as 100’s of Billions have gone to Pie In The Sky crap and we cannot get F'ing Dime,
Yeh Right.
I’m cautiously optimistic that my February predictions will come true, but HOW MANY TIMES HAVE WE BEEN LET DOWN, shoot 90% of the guys here that are now retired would not have tolerated this kind of performance during their careers.
X Out
Again I base this on nothing but my feelings.
AI
