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iamshazzam

09/27/05 10:13 PM

#39236 RE: spokeshave #39234

spoke - did ikanos have any other business or products on the market when they obtained this 125 mil financing?
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jjz34

09/28/05 12:57 AM

#39247 RE: spokeshave #39234

Well I am not sure if i was necessarily arguing in favor of NV in my last post. The premise about the mouse traps makes perfect sense...NV hasn't finished their trap yet, though they say the plans are done and they feel, when it is done, it will be the best one. I agree/acknowledge that our inability to find some non-dilutive funding has long been a concern of mine. At one point, though in hindsight it was way off the mark, the company thought the movie was going to serve up several millions of dollars. I doubt they were relying soley on that, but it was a factor. You conclude NV is a failure because they didn't get the same funding Ikanos did. You may be right. I am not ready to jump to that conclusion and offered my "discussion" as to why I feel that way.