I've always suggested caution to those saying "it's a done deal"...

I've always suggested caution to those saying "it's a done deal" and claiming an acquisition is just around the corner. This is a high-risk investment which, for my investment strategy, demands a willingness to hold LONG and has always carried the possibility of failing to appeal to the market, or failing to work full-stop. The contents of this announcement don't surprise me because I didn't really have the expectations others have had. There's also a reason I bought WBT shares the same day I bought my first 4DS shares.

Anyway, what I take from this announcement is:

• even with deteriorated endurance, endurance remains better than flash memory
• 4DS doesn't expect the current metrics will spark enough commercial demand and are looking to get a clearer picture of what is achievable, which introduces a 6+ month delay on progress
• storage class memory has always been a theoretical market for which demand won't exist until there's a product - something I've recognised from the beginning but apparently others haven't.