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GoldRush101

1,064 Posts.

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14/11/16

15:27

Post #: 20603492
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Originally posted by RedDaug ↑

To be honest with you, I have my doubts that the Tech Giants like Google, Nvidea, Facebook, Samsung... etc, have even heard of BRN let alone made offers.
Do yourself a favor and google a few phrases without adding in BRN in the search.

"best artificial intelligent chip"
"artificially intelligent hardware"
"top artificial intelligent tech companies"
"most advanced artificial intelligence ever made"
"most promising AI tech companies"

I googled these simple phrases. Phrases that I hear around these forums a lot, used to describe BRN.
and I couldn't find a single page in the first few pages of results from google, that had anything to do with brainchip.
There is a few Bloomberg articles that talk about how the stock is performing, and the casino deal etc, but it is never dressed up quite like it is here in the forums, as described as the best and most advanced AI ever made.

I would like to make special note of the Brainchip Comparison chart that I see used on the forums a lot. as much as this chart may be true/accurate, it was produced with a Huge bias towards Brainchip.
most likely to just generate hype regardless of if it is factual or not.

Read this article below, it is written by a non bias author and makes great comments about IBMs technology and even the competitors. Non of which are BRN.

http://amigobulls.com/articles/inte...orp-develops-brain-inspired-supercomputer?p=n

"IBM is ahead in the race towards next-generation computing hardware for both supercomputers and mobile devices."

These are many of the red flags to me that are screaming that this is in fact not the best in the biz. If the product was so advanced, it would be more widely talked about, making it more likely for major corporations to have heard about it and possibly made offers to them.

I hate to be a down-ramper, and I do currently hold BRN shares as the majority of my investments. But I see this as a risk v reward scenario, not a golden egg that is definitely going to take off.

Good luck everyone! And definitely do not believe everything you hear on the forums. DYOR

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I don't think you are a down-ramper, you just need to practise your research skills and polish your understanding of the AI market and see how uniquely BRN's business model truly is.

FYI, there are not that many super computers out there and it is hardly a market BRN will be going for, at least for a while. The number of 'super computers' by country are listed here;

https://www.statista.com/statistics/264445/number-of-supercomputers-worldwide-by-country/

Agree, don't believe what you hear from anybody on HC - including whatever is published on the WWW....

That said, I strongly suggest you go from 'desktop research' to 'field research' and maybe also whilst at it, read the ANNs from BRN in the past 6 months one more time- this way you may just gain the knowledge and info required to evaluate a promising ASX stock.

Gluck to you too.
BRN Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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