I have watched this company for quite a while, have traded twice, but I wouldn't flag this company away just yet.
You don't get to hold 34 US Patents (approx) based around fluff...Western Digital's subsidiary doesn't just keep on signing yearly
extensions to the original timeframe if they didn't see something in the company's technology...it just doesn't happen in my opinion.
Maybe I misread today's update, but I thought that the changes they made to the last wafer run, had infact resolved that problem, but
like the seats on the titanic, things moved around a little...the issue may well be resolved, the term in the "long term" can mean a lot
of different meanings to a lot of different people (investors).
Revolutionary technology, as with Bio techology, can hit many hurdles along the way, and over a period of say, 10 years, many can
and do fail...I'd keep holding and use this "break in proceedings" to load up on very cheap stock.
It has been and will remain a trading stock until the next wafer run gets the seal of approval, obviously all the above is my own
personal opinion...but I like the technology, but I like BRN more, closely followed by RNU
Regards......Tech
