Originally posted by BobLoblaw
"...
no one has any idea of finished product..." - hmmm, what is it with all the dubious posts from some people lately, weird.
"Finished product" - we have a pretty good idea about form factor, weight, design elements/components, frequency response (for original design), reliability, power usage relative to traditional tech, method of sound reconstruction, potential sound quality, etc, etc.
"Production costs" - somewhere between a few dollars and $10.
"Margins" - see previous post regarding higher end estimates of potential margin. Looking at other MEMS devices an extreme low end case margin would be 20%.
"Revenue will flow" - after they've finalised the design, obviously. According to the latest quarterly there's the potential for some inventory to be produced this quarter.
DYOR of course
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Fair comment on the ‘knowns’ - it’s the ‘unknowns’ that should always be factored in. The SP at this time of many ‘unknowns’ (like lead time for an OEM to adopt the novel technology and take it to market) could be a case of “irrational exuberance”. At $600m cap with no real revenue prospects this year, the market is assuming nil setbacks. That should be a worry, as other have already pointed out.