Valuation discussion / thoughts?, page-21

I can't add much to what has already been said. Stock analysts are ill-equipped to evaluate this stock. Few have any insight into the electronics industry and there are no revenue or earnings figures to go on, so no way of predicting future performance in those terms. It is up to investors like us to see the opportunity.

WBT's ReRAM technology appears to be the front runner in terms of technical performance and cost effectiveness. Most rival ReRAMs have fallen by the wayside.

The technical case for industry-wide adoption appears compelling. The commercial case remains a little less clear, so I think predictions on a 3 to 5 year time horizon can only be guesses. Personally, I would be surprised if WBT was posting a meaningful profit in 3 years time. 5 years? Quite possibly. How much? No idea.