It does make sense to buy stocks of a "company" with blind faith and believe made up numbers. I've quoted some hilarious ones in the past.
But AM never sold anything based on estimated specs.
Investors asked for his estimations and he gave them.
Must I quote all the hilarious estimations you made?
Excellent track record: cancelled 2nd gen, IR Drop failure in the 3rd gen, dumping ASICs at cost, ...
And with all that failure they still managed to make a more efficient and powerful chip than the hammer.
Imagine how the 28nm could turn out if they fix the problems.
The preorders we're doing allow interested customers to secure what will probably be the best machine in September.
So says bfl, BA, bitmine, hashfast, cointerra, and knc.
Early birds did it for July and August. Don't quote BA 0.5 W/GHs at the wall. It doesn't help your argument
Technobit has also reported similar results.
The preorders didn't fund the 2nd gen R&D and tape out. They do go towards the batches as explained many times before.
Why can't you fund a giant chip order as well as for all the other long lead time parts?
