· 个股论点
$POET 在直接发行 1.5 亿美元股份（发行价 7.25 美元）后暴跌 17%。 考虑到新增 2060 万股，其市值约为 10.2 亿美元，目前手握约 4.2 亿至 4.5 亿美元的现金储备（war chest）。 在我看来，这是一个不错的机会，因为机构发行价为 7.25 美元。 Poet 的光学中介层（optical interposers）是解决磷化铟（InP）瓶颈的真正方案，且拥有超大规模云服务商（hyperscaler）的后门渠道。特别是因为他们向 $MRVL 的 Celestial 光子网络（photonic fabric）供应 Starlight 产品。 我认为公司提前了 5-8 个月，所以我个人没有做多。 但我个人在这个价位买入，以利用这次下跌。
$POET has crashed 17% after a direct offering of $150m in shares at $7.25. They’re now sitting on a ~$420-$450m war chest with a ~$1.02B MC factoring in 20.6M new shares. IMO this is a decent opportunity as the institutional offering price was $7.25. Poet’s optical interposers are a genuine bottleneck fix to InP and they have a hyperscaler backdoor. Especially because they supply Starlight to $MRVL Celestial photonic fabric. IMO company is 5-8 months a bit early so I’m not personally long. But I personally ended up buying at this level to take advantage of the drop.