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Richard X Roe

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  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: Having "visibility through 2018" is not the same as having agreements. Neonode has been known to miss its own expectations consistently since 2012. I have seen no such agreements disclosed in press releases or SEC filings - if you disagree, please point me to the press release or the filing!

    The printers listed in the HP press release linked to by Neonode have been manufactured in China and arrived in Los Angeles in containers, apparently on their way to HP, according to import data. So, care to revise your guess of where the printers are being sold first?

    I consider HP reluctant, because HP claimed printer availability for April 7, yet as of today, no store in the United States has these SKUs in stock, at least no store that I have been able to find. So, if you know any store that sells any printers with Neonode's tech, please let me know!
    Apr 23 12:03 AM | 1 Like Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Bret: $8? I thought the price targets were ranging from $11.25 to $14 a share... And is that before or after the imminent equity offering?

    In other words, are you telling us that developing and licensing since 1992 the next generation of optical multisensing touch solutions for some of the world's largest consumer brands, including Sony, Volvo, Barnes & Noble, Kobo, Oregon Scientific, Alpine, Amazon, and HP is worth just a measly $300 million?
    Apr 22 10:52 PM | 1 Like Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    mikeasa: According to Neonode's public disclosures, Microsoft has never been a Neonode customer - and if I am mistaken, please point me to the relevant press release or SEC filing! Also, Apple has never gone bankrupt. I am not sure about the number of shares under the control of the Chairman and the CEO, but I am quite sure that the insiders were selling when the clueless investors were buying at $6.60 last year. But, hey, it is your money!

    And one more thing: If the HP news alone is groundbreaking, where are the HP printers with Neonode's tech that were promised for April 7?
    Apr 22 10:04 PM | 1 Like Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    tiger01: The real question is why infrared touch has never commanded a significant share since 1980s (remember HP-150, http://bit.ly/PrtuCg ?). But you are right, with Digitimes reporting that capacitive touch module pricing is expected to drop to $0.40-$0.70 per diagonal inch this year ( http://bit.ly/1kZftv3 ) , and resistive likely reaching even lower, the cost advantage of infrared touch, if there were ever any, appears to be gone.
    Apr 22 09:39 PM | 1 Like Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Dr Haluska: What is the downside for NEON and why would it be asymmetric? The company is draining about $2-3 million of cash a quarter, meaning it will likely run of money by the end of the year, unless the company does another equity offering at an inflated price. It is not the first time - in 2008 Neonode AB declared bankruptcy. So, how does a downside of 100% compare to the wild and always wrong projections by the analysts (whose main goal appears to be drumming up underwriting business)? There is a reason why the company hit a 52-week low last week.
    Apr 22 08:14 PM | 3 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: How do you know about those "agreements?" Have they been disclosed publicly?

    Moreover, HP promised availability of 8620 (the model that Neonode has been whispering about) for April 7 ( http://bit.ly/1gPOCMV ). Can you tell me the address or the phone number of a store that carries that printer today? Because all I can see are a few thousand units shipped by HP's contract manufacturer from China - apparently all of them collecting dust. Where are the HP printers that supposedly use Neonode's technology and why is HP reluctant to sell them?
    Apr 22 07:54 PM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    The author appears to be woefully uninformed about this reverse merger stock.

    First, I wonder how he figured out that the company has been public since 1992, when Neonode AB was founded in February 2004 (and subsequently filed for bankruptcy in 2008).

    Second, I have been unable to find even one Hewlett-Packard printer in any store that uses Neonode's technology. So, how does the author know that "the printers are launching?"

    Third, how does the author know that Neonode's technology will be featured in Apple's (AAPL) CarPlay product, when no such product has been released yet?

    Fifth, the so-called consensus is a joke. The author should have looked at the consensus about a year ago. Cowen, for example, was "projecting" $8.8 million in revenues and $4.4 million in net income for Q4 2013. Neonode delivered $1 million in revenues and a net loss of $3 million. The author should have noticed that the company has missed consensus and its own guidance consistently since 2012. There is a reason for that - there is nothing "next generation" about infrared touch. It is a 40-year old outdated technology, offered by several competitors (including publicly traded ones). The author's belief that "this technology will be incorporated into myriad models" appears misplaced. The fact is that Neonode's is a perpetual money-losing and cash-draining company with declining revenues.

    Finally, the recent insider buying is dwarfed by the insider selling by the Chairman.
    Apr 22 06:36 PM | 2 Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    axb7092: If you don't like putting the card, don't! But all touch-enabled device screens get dirty and collect dust, especially the ones in cars. Capacitive, unlike Neonode's tech, has absolutely no problem with cards, dirt or dust.

    If your iPhone does not work when you have greasy fingers, you should return it for replacement ASAP as it is defective. When you can spare $50, you should buy a device with Neonode's tech and try dropping it on the street or submerging it into water, and see how it fares. The e-ink displays used by most devices with Neonode's tech are more prone to shatter than the Gorilla-glass reinforced iPhone, and all die under water. But that has little to do with the touch technology by itself. Frying any device will ruin it.

    As far as gloves are concerned - if you want it, you can have it. Capacitive screens have worked with gloves for years ( http://engt.co/1eQHuoB ). Of course, the increased sensitivity can lead to unintended touches. That is one of the main problems with Neonode's solution. As one reviewer of the Amazon Kindle Paperwhite with Neonode's tech put it, "I would frequently be reading in bed and move to get more comfortable, and the sheets would hit the display and cause it to skip to the next chapter. So then I would have to bring up the menu and go back. I was always careful about closing the cover when I moved to prevent an accidental touch." That is certainly one of the reasons why Neonode lost its biggest customer within the first week of Mr. Gelbtuch's employment with the company.
    Apr 18 11:27 AM | 1 Like Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    axb7092: You are mixing up printers with cars. According to Mr. Gelbtuch, Senior VP of Corporate Finance & Investor Relations at Neonode, the car design cycle is 3-4 years. Mr. David Brunton, the CFO, seemed to slighltly disagree with him, stating that automotive might take up to 2-3 years depending on the model (see August 2012 earnings call transcript). Of course, on the same call, Mr. Eriksson, the CEO, said that the typical automotive design cycle is 5-6 years and that automotive was supposed to ramp up in 2013 first with aftermarket products (products that you can install in a car as an accessory) and then at the end of 2013 with factory installed products.

    The printers, of course, were supposed to go into production in late 2012 (per the same call, again).

    So, I fail to understand how management "has followed through just like everything else they state." Even Mr. Gelbtuch admitted last month that Neonode's life cycle since May 2012 has been a growing pain, period, with some designs being wild goose chases. Revenues have been going in only one direction, which is down. Neonode hasn't hit numbers, hasn't been making numbers, has been losing money, things have been pushed out to the right for quite a bit of time. But, of course, that has not dampened his enthusiasm.

    So, how many actual vehicles on the road had touchscreens using Neonode's tech as of the end of 2013?
    Apr 18 10:32 AM | Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    axb7092: Do you actually own a devices that uses Neonode's tech? You should buy one - they can be found for less than $50 on ebay given that more than 16 million e-Reader units have shipped containing Neonode's touch technology by customers such Amazon, Kobo, Barnes & Noble, Sony, Mundo, Deutsche Telekom and Netronix. Put a credit card over the touchscreen, and see how it works, and then remove the card. Then let it collect dust for some time, and try it again. Then try the same things with a device that uses capacitive touchscreen. See the difference? Note - if the device with Neonode tech doesn't work as expected, I would discourage you from washing the screen with water.
    Apr 18 09:53 AM | Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    johnnyvolvo: Well, here is a puzzle for the "little smarter and much more serious" investors: In October 2012, Neonode claimed to have 12 YTD automotive designs wins, including platform wins at multiple Tier-One global automobile OEMs: http://bit.ly/1eQsGXb Now, how many actual vehicles on the road had touchscreens using Neonode's tech as of the end of 2013?
    Apr 18 09:28 AM | Likes Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    Bayless Capital: First, Neonode would have issued a press release, if indeed it were in Volvo's CarPlay system. Like it did last year, when it announced that it is in Volvo's Sensus Connected Touch dealer-installed option ( http://bit.ly/1hRDTa4 ), a misguided "solution" that specifically excluded the XC90 ( http://bit.ly/1hRDQLn ) and is now clearly deemed a failure.

    Did Mr. Daniel Gelbtuch teach you that a capacitive screen requires cover glass? How did he explain to you in-cell and on-cell capacitive touch, both of which have the sensor below the top polarizer? Have you ever heard of iPhone 5? You should consult this nice intro tutorial http://bit.ly/13sHLGn , written by the former evangelist of NextWindow, the company that used to command the lion share in infrared touch for large displays and AIOs.

    It is not true that Neonode's tech has all the features and performance of capacitive touch. Specifically, Neonode's solution suffers from ghosting, has poor multitouch performance, requires an extra bezel, and cannot survive dust and direct light. It is also no longer true that Neonode's solution is cheaper than capacitive, since current capacitive touch modules can be as low as $0.50 a diagonal inch, which is cheaper than Neonode's solution. In other words, there is no reason why Neonode's obsolete tech would ever gain a significant market share in cars (already dominated by capacitive). It hasn't in the past 40 years, and it won't ever.

    There is no irony here. Neonode is a perpetual money-losing company that is suffering from declining revenues and severe cash drain, always on the brink of insolvency - exactly what one would expect from a consulting (insurance-selling?) outfit that masquerades as a technology company. Neonode has been late to the Windows 8 certification game and already lost the PC business to the dominant multitouch infrared touch solutions that have been Windows 8 certified for more than a year. According to Neonode's own disclosures, Visteon and Alpine have not generated significant revenues, and Pro Point (that is, Volvo) and BYD revenues were each just about $0.1 million last year. Since Neonode is effectively selling cheap litigation insurance (about $1 per device) calling it "a license," I fail to understand the meaning of "a return."
    Apr 17 10:03 PM | 1 Like Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    johnnyvolvo: Apple has survived without paying a cent to NEON or buying a single share of NEON since 2002 (the filing year for the much ballyhooed 8095879 patent). Why would Apple suddenly change its mind?

    And, again, what makes you think that the Volvo video shows Neonode's tech? Based on the interface shown on the video, Volvo seems to have moved to capacitive touch, away from Neonode's infrared touch.
    Apr 17 12:35 PM | 1 Like Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    Alex3388: Yeah, the greatest success stories out there, sure. Hitting a 52-week low every day, perpetually losing money, and always on the brink of insolvency. Wait, it actually already went bankrupt once... So, good luck with your buying!

    It is not easy to stay afloat with a 40-year old outdated tech that is out of patent protection and suffers from various performance issues. If Neonode did not try to intentionally mislead, please post here the address or phone number of a store that carries a printer that uses Neonode's tech. Where are the printers with Neonode's tech that were supposedly made in Q4, according to Neonode? Why are they collecting dust? Dust, by the way, kills Neonode's tech.
    Apr 15 03:35 PM | 1 Like Like |Link to Comment
  • Neonode Working With Apple In CarPlay And HP Printers Finally Gets Announced [View article]
    Alex3388: The printers were shown in late February at the MWC in Barcelona (after being supposedly made in Q4). How many more months before the printers appear in the stores? Will Neonode file for another bankruptcy by then?
    Apr 15 02:16 PM | 1 Like Like |Link to Comment
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