Quote from: Endlessa on October 12, 2013, 02:02:37 PM

Quote from: coldguy on October 12, 2013, 04:20:03 AM

Quote from: BitThink on October 12, 2013, 03:17:05 AM

Really risky to buy in when there's no solid info about the Gen2 chips.

Moreover, before buying, make sure you have considered the risk that Cointerra may be successful in their 22nm chips and sell hardware at $3/GH on Jan 2014. I believe AM will survive next year, but not likely to have the same advantage as this year. You could look at AM's price at early this year when they were clearly the first ASIC miner, and then predict its price when they don't have advantage anymore now.

high return involves high risk, which is always the case.

It is true that there is no positive information about the gen2 chips. All we know is friedcat and his team are working hard on that. Based on what they have achieved this year, pay 0.9BTC/share to buy/risk/gamble/invest(whatever you call it) its success, is a good deal or not? You have to make your own choice.

It's difficult imo for AM to compete and recoop the dev costs of a new production line for several reasons:

* The smaller the chip size the larger the R&D/setup costs for production
* The currently expressed chip size will be undesirable to the market given that better alternatives are currently shipping
* The previous customer base hasn't/will not be re-cooping the cost of their previous expenditures on AM products and will not have much desire to spend on more
* If they do produce the expressed target chip size they will be at a cost disadvantage in what is soon to be a very tight profit margin squeeze for the industry

So then we have mining. . . AM has shown a propensity to not be able deploy and keep up with the network hashrate. aside from the beginning when it was easy, I have not seen them show the capability of reaching their target goals on hashrate. Each time, the target mining hashrate was met hugely late or missed completely.

Now, you can get all butt hurt and tell yourself I'm trolling, and I couldn't care less, but anybody new coming into this needs realize these shares should be entered into with trepidation and are not necessarily "discounted" for unfounded reasons.

g' luck all and happy trading

Hashrate wont continue to rise exponentially forever. At some point it will taper off and the share prices will go up again.