Wave Systems Corp. (fka WAVXQ)

[Bluefang]

Dreamer: TPMs have been put in computers now for a decade! (10 YEARS!). There are roughly a billion out there. But the number of the ones actually turned on is still too low to measure.

I didn't say TPMs aren't being used. I said the TPM movement, if the goal is ubiquity, is an absolute failure. Ten years and you still can not measure how many are turned on, because the number is statistically insignificant.

Making the problem worse is the cranking out of new computers with even more TPMs inside. The new ones coming online make the ratio of those TPMs turned on and being used even smaller every day.

Why? Because the TPM movement is gaining headway far slower than the rush of new machines with TPMs inside, never to be turned on.

Furthermore, the members of the Trusted Platform Group, as of a year or so ago, did not utilize the TPM themselves. How can you convince me to turn my TPM on, if you, the promoters, don't use it yourselves?

This is not a statement of absolutes. I am not saying TPMs are forever doomed to be failures as a security measure, but up until today, what else would a rational person call it? Timelines are not infinite (except in Wave's case).

IMO, if TPMs were considered the protection they claim to be, they would have been adopted by the masses and the enterprises by now, and their usage would be growing, not static or withering.

And, as you correctly noted, even if TPMs swept the world and did become ubiquitous, Wave does not necessarily catch any of that business and in point of fact, will not.

Same argument goes for Wave itself, IMO. If Wave's security and TPM-mgt products worked the way Wave claims, Wave shareholders would be rolling in money by now--even with all the mismanagement. Why, you ask?

Look at the headlines. Can you imagine yourself the CEO of a company whose million-plus customer base was just stolen and sold to hackers all over the world?

Or wouldn't reading about a fellow enterprise being hacked, push you to at least see what protection is out there for sale? Of course it would.

And as the level of hack attacks stepped up in number and in sophistication, wouldn't every CEO with something valuable to protect be looking desperately for some way to secure it?

Wave has been in the news a lot--for good reasons and bad. But it is hardly unknown, except to customers.

All those years spent 'presenting' and 'demoing' all over the globe and Wave still can't support itself on sales. Doesn't that say something?

You claim you have a world-beating product supplying the needed protection from the current chaos of wholesale theft of films, customer IDs and addresses with credit cards, along with top secret data from the Defense Dept.

If you had the goods, would they not sell themselves in today's environment?

Either something supernatural is going on, or many of the premises Wave supporters accept as givens, are not given at all.

You seem to think if TPMs continue to garner a minuscule share of the market after 10 years, both TPMs and Wave still have a chance.

Not so, IMO. You either grow or you die.

Time and opportunity have passed by both Wave and TPMs, IMO. Something new will be here pretty quickly and it will be goodbye to both Wave and TPM.

Already there is a report of a new technology that is not only unbreakable, but any attempt to hack it can be detected.

http://www.itpro.co.uk/security/25379/unbreakable-encryption-is-closer-than-ever-after-quantum-breakthrough

Here's one excerpt from that article:

"This latest breakthrough is another step on the road to 'unhackable' networks as, with this type of quantum encryption, if a person tries to compromise the network and read the data they will change the encoding and alert the system that a breach has been attempted.

If that technology comes to fruition and to the market, or any of the other super crypto engines now being created--it will be goodbye to Wave and the TPM. Ten years is a long time to sit still in the midst of a fast-moving stream that is the Internet.

There are too many minds all over the world working on alternate solutions using technology not available 10 years ago, or even last year.

Wave's ten-year old solutions are tried and true. They have been tried by many, and true to Wave's history, few, if any are sold.

I wish it were not so, but it is, IMO.

Best wishes for your Wave dreams to come true.

Blue