IMVHO - One important thing to remember - compare GTAT's Gutierrez to Corning's Weeks - two extremes; the former, very shifty, likely to be investigated and then, of course, hit with a slap on the wrist for dumping on inside info (along with other insiders there), while Weeks gives the appearance of being extremely bright, and on the right side of doing things. Honestly, there is no comparison. I know where Watts thinks Steipp lies (no pun intended), lol.
As an aside, O'Keefe and Stevick were at the ASHM and they're in all those patents. Personally, I think this LQMT/AAPL relationship is extremely amicable, but of course, that doesn't mean LQMT won't get hosed in the long run, but I think GTAT was trying very hard to take advantage of that relationship and were acting just like Gutierrez acts. Good or bad, I don't think that's Steipp's m.o.
GTAT blew it as they only saw dollar signs and didn't look at the downside - at all - if Apple pulled the plug on them if Apple didn't see them negotiating in good faith. Then, as the sole mftr of it, they put all their eggs in one basket with Apple. Regardless, GTAT certainly did not look out for shareholders and screwed them all. And how could Guttierez and his posse be so far off in estimating their costs that they would have essentially, never made money on this deal (according to that article)? They just wanted a deal with Apple so they could make money on their shares on a company that didn't do anything for many years and was stagnating until Apple came along.
Thank you for the article.
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