Another way at looking at the graph H is to factor in the projections given in recent annual reports, take into account that current year projections are well in line with those earlier projections and then superimpose them onto the page 28 graph. It looks like no income at present but in fact current income is just swamped by imminent growth in that income. It is the likelihood that those (enormous) forward projections are realisable that means I will be staying the course long after the NASDAQ float that may now be just a few months away.
You don't often get an early and relatively clear view of the future in a new industry. We can all cite examples of 'if only' like Microsoft and Genentech. Well this is one of them.
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