Matt: Don't let optimism get in the way of Qualcomm's progress I support all of your research and I am just as enthusiastic with SQNS as you are. We are a small fish in a big pond. I see us getting a piece of the pie, however do you think the big boys are going to let our progression cut into their market share? We have been flat for 2 quarters, with great forward guidance. SQNS is a long ways from profitablity. I think the numbers will come in, but its going to take longer than we anticipate. I'm long until 1q 2015, we should see profit numbers and lets throw a P/E of 20 on that. ;)