Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

i think maybe wave has learned from the experience of not having a product that works off the shelf.

they've created a simpler, more evolutionary, useful, single-step type of product rather than trying to sell something that took eons to integrate and therefore wasn't saleable on a haphazard basis.

in spite of apparently not getting it and lacking the vision thing, solms seems to have focused on creating a product that works. he's launched it. the pilots appear to be leading towards orders.

this is all very surprising given the devilish difficulties of creating software that works.

the old model delivered losses and dilution. kinda concrete results. the sort of concrete that delivers an investor to the bottom of the ocean.

measuring results (income against costs) is the foundation of due diligence.