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2024 BrainChip Discussion, page-7337

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StockHound81

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26/07/24

14:15

Post #: 74933090
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Originally posted by MarketingMan: ↑

A rental property would give you consistent and reliable income - and tenants to manage (have you ever done that? It's a pain in the arse).
But, won't give you the kind of explosive growth that BRN might achieve. I said MIGHT.

The old investment formulae was one third each in property, equities, and cash. Stick to Blue-Chip stocks.
Such a strategy will see you comfortably into your cardigan years dying of boredom.

For a more exciting life with the very real prospect of heart stopping moments we have Brainchip.

I believe the blame for the slow progress (some say "no progress") achieved to date is not with Brainchip but with its potential clients.
They are taking a very long time to evaluate and develop applications. Some here on this forum say the board and management should be doing more.
More what? Harder sales pitch? Shout louder? Ring more people? More strippers and lap-dancers? Pay bribes?

The real issue is the lack of engineers who understand AI let alone neuromorphic AI.

And it's no good just getting up-to-speed (buying an evaluation board, making it run, writing some Python code and downloading some AI scripts from the BRN Zoo). To really develop something robust and useful you need to develop competence. That takes time. As we are finding out - years.

I believe this is all happening. Fact Finder and others have littered this forum with ample evidence many are playing with BRN technology.
Up-skilling is a happening thing.

The really good news is that NOBODY has reported that Akida is under-cooked or doesn't do what it promises - NOBODY.

And we can't deny that AI will feature prominently in our futures. Some say too prominently. It's coming.

Took the inventor of Xerox technology 17 years to get the first XEROX printer commercialized. That technology has been a great success (still used in LAZER printers and lithographic plate making today) and has been printing money for the last 75 years.

Sorry guys this is just a waiting game (I don't think 17 years - it took the inventor of xerography 7 years just to find an investor).

Want more certainty and modest returns - Blue Chip and property
Want uncertainty and possibly HUGE returns - bleeding edge technology.

Take your pick.

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Sorry M can't agree 'that blame for slow progress is clients not brainchip' thats a cop out. CEO knew the task and accepted eyes open and says he has a world class team now 2yrs plus and no deal. Customers are not to blame we just arent good enough at converting interest into deals and dollars. Not good enough Co saying their optimistic want to hear confident

Last edited by StockHound81: Today, 14:15

BRN Price at posting: 19.5¢ Sentiment: None Disclosure: Held
8 Upvote

3 Great analysis

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2024 BrainChip Discussion, page-7337

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Geochemical work at Newington picks up gold and copper anomalies for Midas

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Opyl forms JV with UK and US consortium to bring products to the world

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

2024 BrainChip Discussion, page-7337

Top Stories

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Geochemical work at Newington picks up gold and copper anomalies for Midas

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Opyl forms JV with UK and US consortium to bring products to the world

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News