interview faber, page-18

"His comment that 3% of the $50billion market is conceivable in several years is remarkable."


NOoooo Crusty!

He said SEVERAL % points over the next several years.

We can argue about the definition of several, but I take it to mean more than 3 and less than "many"

So I take "several % points" to mean 4%-10%

i.e $2billion to $5billion.

Also note that the $50 billion market he alluded to is from a dated Freedonia report and the market was not only increasing at 4% per annum back then, but also Intevia is increasing the market through new applications.

Hence DF being conservative.

Amex' point of a $5-$10billion revenue on maturity is about right, and maybe even conservative (who know how Intevia will develop by then) or $1000-$2000US SP.