RE:Lumentum LITE-N buys Cloud Light to Accelerate Data Centre .Thanks for pointing this out as it is Poet-related and might be foretelling in a good way.
Did you buy cheap as in "low cost" relative to now?
Thx,
gilver
helpful1 wrote: Hey Gilver: I just noticed one the stocks I hold in the same space as POET is LITE. You may recall I hold this stock because they are to supply high quality lasers to POET for the same purpose ( for rapid development in the A.I. Space.) So ,today Lumentum acquired Light Cloud for $750 M.The reason I am posting this is to Illustrate the need for AI/MI . Also, another point LITE is up 11% on this news & POET goals are also in A.I. space which should indicate to all of you POET is on the right track.Remember, POET buys their lasers from LITE-N.
So, the conclusion I draw from this development is the markets approval of Lumentum's acquistion of LIGHT Cloud & the fact POET buys high quality lasers in accordance with POET'S Interposer is a forward step to sales in 2024. You all can read about the acquistion news on stockwatch.com. Just trying to be the Helpful 1 to shed same light in this space to perhaps quiet the doubters among some of you.