Mike Pivac is certainly not lacking any confidence.
- If he had gone the CAT way, "we will be throwing spears at him now", selling machine was not the right way.
- People thought CAT was there to save them. Reality was that CAT wasnt even allowed into factory.
- Even if FBR is to go bust, IP makes up 80-90% of company's value. And even CAT back then thought the IP was severly undervalued.
