About the irrationality of the market and whether I was missing something, and received a very prompt response:
In a broad sense, I would say it’s not unusual for stocks to see some pullback after a prolonged very positive run from ~$20 four years ago to ~$100 at year end, and as a smaller company there are always some larger events (everything from IoT adoption rates to the Apple/Qualcomm dispute) involving markets or large companies that have the ability to influence our stock price in a way that’s beyond our control, regardless of whether that’s logical. But I’m afraid I can’t offer any specifics other than to reiterate, as Bill did last week, that as a company we feel we’re in a better position than we’ve ever been. Thanks for your support of the company as a shareholder.
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