agree, the small startup isn't something to be diminished - as it could lead to something very big over time..
However, when the expectation has been that the largest players are aware of and craving what Lightwave has to offer them - if the reality turns out that the largest players really have very little knowledge or interest in that technology at this point or that they are moving like slugs -- that will create a reset on expectations re the speed to larger commercialization.
That's IMO the reality that is starting to take place re expectations -- and whenever expectations change the stock price usually adjusts accordingly. It's a big step downward from the GFS, Googles, Amazons to firms nobody has ever heard of.
The discussion in the coming days that includes Dell and Intel representatives may well finally clarify where Lightwave really stands with the bigger players in the industry.
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