Now some people may think a theorhetical chip that hasn't been taped out with a cost per chip prediction that ranges by 100% from a proposer who does not have the funds available to produce that chip is hard news but I would wonder at their sanity.
When he's selling the chip in bulk, selling 10TH/s mining rigs (55nm chip only) with it and running a substantial farm with his chip maybe we can pay him due respect as a competitor. Till then we just get on with our own projects.
As previously said AM do have the funds to carry out such a project. They have been holding back dividends for some time and have been successful in the past and have most probably saved for a rainy day.
Pay him due respect as a competitor? We are talking about a company which within the BTC securities has actually produced and exceeded expectations. It is with out a doubt the most successful security out there.
However, that being said I do not own any shares - and do own ACTM. So this is where my priorities/hope is.
So.. How will Ken react to his biggest competitors latest update? What will he announce?
We say he holds his cards to his chest due to the competition etc.
Now its time to show the Royal flush.. if he has one.