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Eagle1947

07/11/19 10:46 AM

#175543 RE: chipboarder #175541

Could very well be true .. looks like the market can't decide what this means either so I suspect we will remain in a holding pattern until something breaks one way or the other.

Downside of that thought ? Perhaps nothing at all has been happening ... what a waste of time.

Would not be surprised if he fires them all pretty shortly.

PositiveEdge

07/11/19 10:52 AM

#175546 RE: chipboarder #175541

I agree with that, even with the SP taking a hit. I couldn't see how they could make this part and that part in huge quantities for major companies without already having an enormous facility or spending huge money in the process developing it. Hopefully Li means what he's saying and is honestly pursuing success for LMT.

PatentGuy1

07/11/19 2:06 PM

#175580 RE: chipboarder #175541

Congratulations to Professor Li for recognizing the fact that LF was at least an order of magnitude too small to ever be a major manufacturer.



Seriously?! Li deserves congratulations for finally noticing that the manufacturing headquarters was too small?

I know that Li hasn't been a hands on CEO, but it takes him more than 2 years to realize that the manufacturing site (where he has an office) is too small. With Li's vast experience in manufacturing, he should have known that immediately: (a) when he walked through the site before purchasing it; (b) when looking at the blueprints and specs (e.g., square footage) of the building before purchasing it; (c) the first time he actually visited the site and spent a day in his office; or (d) at the open house (assuming that was the first time he visited the site).

Should we also congratulate Li on getting a top notch team together to run LQMT in his absence?

How about congratulating Li for wasting stockholder value by getting an unnecessary electrical upgrade?