Poet Technologies Inc (POET)

[ZincFinger]

Today's PR is lacking one critical word whose absence destroys the significance of the PR:

ARRAY

As it reads what was accomplished may well be only isolated pixels of IR detectors which was never the real challenge.

The HARD part is building an ARRAY of the devices. Isolated pixels only tell you that there is IR in the vicinity. You have to have an ARRAY to located it.

To build an ARRAY you have to have a very low ERROR RATE so that there are not too many missing pixels in the arrary.

This is the same kind of garbage IMHO that POET (then going by one of its MANY previous names (4 name changes in as many years) pulled when it stated years ago that it had validated ALL components (in fact only ONE) and that it would have a fully integrated chip within months (over three years ago).

This company has NO credibility. It's boards are mostly ones like agoracom.com where moderators have total control and can delete posts and posters arbitrarily with no oversight or appeal whatsoever.

Just as it did years ago, from 0.40's to 1.80 and over on pure hype (the Pellingrino report which was based on the ASSUMPTION that the technology WORKED plus the LIE that they'd already validated all the compontent (many of which YEARS later have still to be validated).

The SP will probably spike and then crash big time yet again. The problem, as always is getting caught in the spike.