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Monday, 05/12/2003 11:31:28 AM

Monday, May 12, 2003 11:31:28 AM

Post# of 78729
Good Morning Everybody!

I just have a few thoughts I thought I would share with you today.

As you all know I have not been posting much lately, but I am still an investor in NVEI and follow all that is going on through various means including reading this message board when I have time. Another reason that I haven't been posting much lately is my comfort level with my investment in NVEI. Even with the "news blackout", I am still very confident with my investment in NVEI, especially with the new addition of Mulder.

It certainly sounds like SIL was very well received at the Tribecca Film Festival, and of course that is always a plus. I am still very confident that there will be a favorable deal signed with a major distributor in the future. (Please note that I am refraining from using the term "soon"...LOL)

As far as the progress of the Technology is concerned, all reports have things progressing nicely, but with no specifics, which is to be expected as we'll all find out at the same time there, and I feel that we will all be very pleased. The speeds and distances that NVEI has are unprecedented over single pair copper wiring. That is a fact, and with the major and minor teleco's looking to boost revenues NVEI's Embarq Technology can very well be one of the tools used by teleco's both domestic and abroad to do just that, boost their revenues. Of course with them using/licensing NVEI's Embarq Technology will be a great boost to NVEI's bottom line, and thus us, the Shareholders.

As far as funding is concerned, I am confident that they will find what funding is needed and hopefully that will be through a more traditional financing package, and I am confident that as things progress they will not have much of a problem getting this type of package either through the package already approved by the BOD, or another source.

All in all with the Technology progressing well, the addition of Mulder, and the favorable reviews of SIL, my confidence in my investment in NVEI is very high.

Just a few thoughts,

Pengy

Ps.
It was a pleasure meeting with Deeba & Dave Saturday afternoon and evening while they were passing through this area.


"It's kind of fun to do the impossible."
- Walt Disney (1901-1966)

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