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WHP03

08/25/06 11:26 PM

#48173 RE: 427Cobra #48172

427 - then please define what you already know, since you were so bold to tell us you met our new VP of Eng well before the rest of us. You obviously know the answers to the following:

"What the remaining cost of ASIC development is. 2) How much of the development is already done."

BTW way, you were never able to point out where it said in the recent PR that hardware was tested were you?

The cost of going from an FPGA to ASIC has been discussed endlessly here, and $3MM won't cut it, and you know it. I'm not talking about the development work, I'm talking about the cost to produce the 1st chip. It doesn't matter if they're ready to spin tomorrow.... it's the cost to produce the chip, through a contract manufacturer that I'm referring to.... although I doubt very seriously they're anywhere near that doorstep, but assuming they are - $3MM isn't even close to cutting it, but nice try.