The secrets are about making the chip, not some torrid affair in Sunnyvale. 
No new information was in the press release, per NDA.
No new information was in the press release, per NDA.
No, you're being ridiculous. The secrets include information a client will use to determine whether or not they want to go with eASIC. Like defect rates, cost per wafer, and that kind of thing. We don't even know what the PRICE of this service is.
It could have been a situation where Ken signs the NDA, and eASIC tells him it'll cost 1.2 million dollars and take six months, and have a yield of 10%. In that case, obviously he wouldn't go with them. But the NDA would still have been signed.
Saying there was an "agreement" because the NDA was signed is ridiculous.
We already knew there was an agreement because we helped Ken raise the NRE, knew he had a successful meeting, and signed an NDA.
That's why the rally fizzled in no time. This isn't hard to understand.
The stock is up 23% from where it started. In the "real world" a price jump like that is pretty good.
The overreaction had nothing to do with anything other then people like me and Mabsark who bought on the news, and then sold right away when it got up to 6+ right away, as opposed to trying to wait for it to 'peak'. I suppose there were probably some people who took the opportunity to sell for more then they'd paid for stock way back as well.
You have to remember, this is a market with only a tiny number of players. There's hardly any liquidity and most of the price variations are due to just a handful of traders making big moves. That can be for any reason.
Anyway I have no idea what the 'true' value of this stock should be. It's hard to price because we don't know how many chips are going to be made. A lot of that information won't come for a while.
But I do think the press release does make the stock a lot safer. Prior to this we didn't know what the status of the deal was, we didn't know if eASIC had signed on or if VMC had enough money to pay them. Now we do.