I saw this technology a LONG time ago. The company has had working models since last April/May. They have been sort of sitting on it though because they did not want to just license the patent rights to other companies to actually manufature it. Instead, they have been spending the last year making deals to aquire manufacturing facilities and buying other companies so that they themselves can make this product (they want their cake and eat it too).
In the past 2 months they seem to be making deals to license this technology with 2 or 3 of the major manufacturers, but will also be makeing them themselves. This tech is FAR from vaporware. It really does do what they say, and may become the new standard in the next few years.
They have 2 different versions of it actually. One is a CD-ROM sized solution that has the 180 GBs on it, the other is a mini-disk sized solution that has more space then a standard DVD. It may well become the new digital movie format to use.
The only problem that I can see is that it does not, or has not, seemed to be completely backwarde compatible without adding a seperate standard laser used by a normal CD-ROM and when doing so, it will only be as fast as a standard CD-ROM, not having the major bandwidth improvement that the layered CD medium that the high capacity disks will use (they have a greater read spead because it can read several layers at the same time, but this is not a necessary part of the technology as it would quickly max the system bandwidth to the device on todays standards).
I actually made some good money on their stock last December thru January. I got in before a 3:1 split and they the stock jumped up 30 points after the split.
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I saw this technology a LONG time ago. The company has had working models since last April/May. They have been sort of sitting on it though because they did not want to just license the patent rights to other companies to actually manufature it. Instead, they have been spending the last year making deals to aquire manufacturing facilities and buying other companies so that they themselves can make this product (they want their cake and eat it too). In the past 2 months they seem to be making deals to license this technology with 2 or 3 of the major manufacturers, but will also be makeing them themselves. This tech is FAR from vaporware. It really does do what they say, and may become the new standard in the next few years. They have 2 different versions of it actually. One is a CD-ROM sized solution that has the 180 GBs on it, the other is a mini-disk sized solution that has more space then a standard DVD. It may well become the new digital movie format to use. The only problem that I can see is that it does not, or has not, seemed to be completely backwarde compatible without adding a seperate standard laser used by a normal CD-ROM and when doing so, it will only be as fast as a standard CD-ROM, not having the major bandwidth improvement that the layered CD medium that the high capacity disks will use (they have a greater read spead because it can read several layers at the same time, but this is not a necessary part of the technology as it would quickly max the system bandwidth to the device on todays standards). I actually made some good money on their stock last December thru January. I got in before a 3:1 split and they the stock jumped up 30 points after the split.