Bliss,
I agree, part of this PO has been engineering the balance between shareholder classes, possibly because Suresh shares our concerns that the SP has failed to move up and to the right as he predicted, even on the best of news such as the detector, Luxmux or even the vital protection of PTI IP through new patents. One would have thought he sought and has been acting on careful proffesssional advice on this.
As Mack stated the only rational for such a seemingly disastrous pricing of the PO is that it was done in the full knowledge of what constitutes an inflection point.
Maybe the engineering of both shareholder classes and final stages of the vcsel technology may at last launch a SP recovery and secure the media interest needed to help our current parless situation.
Let's stick with the current management until they have at least had the opportunity to redeem their apparent inept handling of the PO. They may yet surprise us all.
No one's leaving this ship until they have been before the mutiny committee and flogged, unless that is they deliver on the expectations they have raised and justified the risks they have taken with our investments.
Sula
