response from northfield re brex and wilanMy brother sent the globe and mr northfield an email and received a response regarding the article here is the email and the response.Dear Mr. Northfield, how can you possibly compare a Wi-lan to bre-x.
>They have a legitimate patent on their technology and already philips,
telia
>andtele2 have become partners. Please read article in your very own paper.
>And you hit the nail right on the head , Don't comment on technology you
>don"t understand. I had a techie explain to me what ofdm is before I bought
>into the co. I don't mean to be direspectful but comparing this story to
>bre-x insults a lot of knowledgeable investors intelligence. Thankyou for
>the opportunity for letting me express my view. Cheers!
>
> Thanks for the feedback, but I fear you've clearly misinterpreted the
> intent of the column. I haven't once compared Wi-Lan to Bre-X - I
> concur with your comments totally. It is a legitimate company with
> legitimate technology and legitimate prospects. That's why I made a
> clear distinction between, as it says in the column, the ''bigger more
> proven stocks'' like Wi-Lan, and the unknown, micro-caps which get
> sucked up in the wake of stocks like RIM and Wi-Lan. The Bre-X
> comparison is in regards to the market dynamic, not the companies -
> that wild, speculative sectoral rallies require a big success to draw
> in enough broad retail involvement to cause a specualtive flare. Bre-X
> did that for the juniors, and the spectacular success of Wi-Lan and
> RIM have done that for techs. That in no way suggests that Wi-Lan and
> Bre-X are similar in any way, only that they had a SIMILAR IMPACT on
> the market dynamic, that's all. I think that's pretty clear from the
> column.
>
> Stephen Northfield
>