Wave Systems Corp. (fka WAVXQ)

[dig space]

zen/tkc, I babbled about it some in the link below


and my thoughts haven't really changed much, I'd probably use a bigger number I suppose.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105142650


a point often overlooked it seems in these discussions is that eventually (that is once one establishes an adequate number of large accounts) then maintenance+some OEM bundling type stuff pays the bills.

I think my numbers are wrong in the link above on that ... $1m/Q in large orders gives ~$50k (not $200k) in maintenance per Q in subsequent years (I was awarding annual fees quarterly in the link above, it takes 4x more sales for maintenance alone to equal any given amount of up-front license going forward.

So to e.g. replace 2.5m/Q in burn w maintenance alone one requires roughly $50m in accounts.

It is noteworthy that Solms appears to not be backing down, but in the end everybody is just guessing .... me, you, Solms etc. He is sticking with his guess, I'm watching paint dry with mine.