a listed company in optoelectronics was looking to establish a cooperation with LWLG, Lebby was present. He gracefully declined, telling the guys ( representing this company) LWLG was not ready yet. When the guys left, Lebby told us that the opto-electronica technology of this particular company was flawed and he did not consider a cooperation in the interest of LWLG. The company in question reached a shareprice of well over $100, later to fall back in the low teens. Whereas I personally was stunned at this rejection at the time, I now know Lebby was right
this obviously was AAOI, which now sits around $10/sh with a $200 mil market cap, still over 3X LWLG's mkt cap, but that will change soon!
LWLG >> Successful R/T and 100Gbs devices enabling 400Gbs NRZ OOK!
It's Deal Time!