RE:RE:Slicing the network Pandora wrote:
What is your guess as to how many months or years will it be before someone other than Edgewater and youself will use Edgewater, MLO, Spectrum Slicing and WiFi7 all in the same semtence or paragraph to promte this business?
After 12 years I seem to be getting much more sensitive to the passage of time -- if I am allowed to use one of Kamala's phrases!
That's a good question. The answers depend on whether the person answering is throwing out a randon guess, or an educated guess. It also depends on how honest that person wants to be with the board. Can someone be truly optimistic with a stock like this? Sure, because optimism is hope and hope can be rational or irational. Can someone be confident that this company will succeed? What is successful? The answers to your question have to be qualified and quantified.
So I sould pose to whomever, "What us your current expectation based on past performance and furtute exectations that Edgewater will go from an $8 million company to an $800 million company. That's only a $4.50 share price. The reason I picked $800 million is for an easy example of 100X today's price, but more importantly Edgewaters claim that they will get a slice of the global, growing market of "$14B residential Wi-Fi devices and $5.8B Enterprise Wi-Fi access point markets ripe for disruption." (from their 2020 cirporate update on their website)
In their Februart 2023 "growth strategy and updates" they also claim that they have proven, "75% of today’s homes would see a throughput benefit 7-18 times greater with Wi-Fi Spectrum Slicing and energized Edgewater’s efforts to drive Spectrum Slicing technology into the global residential Wi-Fi market. So 75% of roughly a $20 billion is what... $15 Billion worth of business they claim they can improve by 7-18 times. That's quite a claim with proof no less.
So back to my question. Why thinks that Edgewater, with all it's past and furure claims of disrupting the industry, and several POC's over 12 years, and considering all their successes and failures of forward looking statements, and current disappointment on all fronts (as per th .045 sp that speaks for all personal and professional analysis) can, despite all odds so far, become worth 100 times their current value in say 3 years allowing for patents to run out and competitionto figure out their "special sauce"? Keep in mind that is only 5% of what they claim they can do.
Is that a fair question for the current circumstances? (If not, why/) I would like to see some truthful answers from the Edgewater pundits. If you can't answer truthfully, don't answer.
I had no idea when i started typing that this would turn into a short essay. LOL. Sorry about that.