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McCloud

09/17/02 9:37 AM

#5819 RE: spokeshave #5817

GOOD MORNING NVEI INVESTORS
Spokeshave, I know much of it is ugly and disappointing, however, we don't know what the details are and we must trust management to do what is necessary to get the job done. Not proceeding through to carrier trials etc to save money would be VERY UGLY .
The only fault I can find with your analysis are the projections. The 12 months (which started in July, I believe) Cooper projected was for "significant revenues" we expect revenues from the movie and hopefully some revenues from the tech long before then. That would shorten the length of time we must tread water and aleviate some of the dilution.

I would like more info to flow. I am sure there have been further fild trials and possibly designs submitted for the chips needed for carrier trials. If Cooper doesn't want to do PRs for every little step, even updates through letters to the shareholders or some other notation on the website would help. That being said I think Cooper is a , I said it once, I'm not going to repeat myself, if the shareholders don't believe me I'm not going to hold their hands, I don't have the time kind of guy. (I sometimes like run on sentences)

He said we have it, the tech is real, he will get us to market. I believe him,
Ernie

Cooper, we still want more info!!!!!!