Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
More shares today. Our disagreements cloud the main issue. Will we succeed? Will our SP be higher than where it is today? If the answer is yes than there are some great priced shares today that I have been picking up. I still say the reason for the accelerated meeting date is so shares can be distributed before the second quarters report. That is why I continue to buy.
Question: If we defeat the currrent options proposal, how long would it take to correct the current proposal. We were given the $40k number. That is not much. What else would have to take place? It sure doesn't seem like it would be that costly or time consuming to correct a "mistake or oversight". If it truly was a mistake, and the corrections would take less than, let's say 75k, and a few months, then what is the big deal? I love magmt, but to regain everyone's support and backing why not change the proposal? I think that is really the point. It is easy enough to correct if that is what is really desired. They will still have their options in time for when they are needed. A message is not strong enough. This company is now big enough to have proper oversight. (unless I am grossly off regarding the amount of time or money required)
Wave is where it is today because of present management. The key personnel have been with the company for years. Whether we ultimately own the world or just make a small impact SKS and company have reinvented us numerous times and kept us at the top of an unbelievably fast changing security world. Financial decisions were made on where to allocated funds hundreds of times in the last ten years. Second guessing how the funds were spent and if we would be better off had the money been spent differently is ludicrous. SKS and present management is unbelievable. This is like a Cinderella story. So you may disagree with the options plan as presented but please don't confuse yourselves about the achievement that has unfolded before you.
Snackman, just the fact that Steven recognizes our feelings and concerns is very important to me. I am not going to second guess him. I for one will support mgmt even though I still have angst over the deal. If they act prudently and keep our interests in mind there is no reason not to support him. Many of us have large blocks of shares. If this does not happen the way it is supposed to and significant dilution takes place we will have a chance in the future as a cohesive group to show our dissatisfaction. For now...Yes. Thank you for the explanation.
Timing of announcements held off even one quarter would allow for options to be distributed.
Another issue. If it passes would there not be an incentive to keep the SP low until the options were used? Giving $3 options that later are $50 is different than giving $20 options that are later $50. I may be wrong but if this is the way it works we are shooting ourselves in the foot if this is approved. More incentive to slog along. I have always been a supporter of MGMT but please do not dilute us until we reach a decent price.
The first negative I have ever said about the Mgmt. Throw us a bone first. Get the price to $5.00 or so. I know they want to reward everyone responsible for the future success but it seems that we, the shareholders always seem to get the short end of it. I have a huge loss carryforward from margin loss from the first go around. I have a large stake once again. I will vote no unless we get some info first. Unless we all stick together we will have no voice. Maybe SKS knows we will be higher before long but I am sick and tired of waiting and do not think it is fair to watch the planning for someonel else to be happy before we are first respected as shareholders and repaid for our support and past losses. Please understand that I am a huge fan of SKS and what he has accomplished, BUT TREAT US BETTER.
Tampa, not exactly. Dell already tells the world they have chosen us. Our "large customer" would still be a customer of Dells, so they are still selling to them. A Citibank would be a different message. It would say we, Citibank, have looked at Dell and Wave's solution and are committing to it. Other large companies would know how much research Citibank did before purchasing. It is a testimonial from an end user instead of a fellow Vendor, giving the testimonial.
The first large client will be the tipping point. I have developed large sales forces. The biggest obstacle in the world is comeing up with a great answer if on a joint sales call with Dell and the potentail client asks "who is using you"? If on a joint call with Dell and the answer is "oh, City bank, DOD, Kaiser, etc." the sale is easy and the flow has begun. No one wants to be first.
Do we know how much we get per transaction? The amount of transactions is staggering.
The only thing that could go wrong is if the decision is made by the under the table method. $$$$
This week I had four large deals that were supposed to be consummated. They were done deals. Two went without a hitch. The other two were postponed for the most ridiculous reasons. All my plans had to be changed at the last second. I knew the deals were finished! Surprise. SKS's world is no different. While I still get nervous I ultimately end up buying more shares. As Awk said, this is a done deal. It may get postponed but it will not fail. Too many large companies have spent huge amounts of time and money on WAVE. Seagate, four years, dell, who knows. Advertising, cooperative programing between the companies. These companies are like a large ship, not a speed boat.They do not turn on a dime. They analyze, then commit huge assets. They too must stay ahead of competition. This is our year. Idon't know if it the SP will be thirty or 6 but I am sure it will be higher than it is now.
Feels soooooo good to buy at these levels! Thought these days were gone (would have been nice also). The DD on the board has been unbelievable. Thanks to all.
Like to see $3.00 by the time of the conference call. Nothing has changed from yesterday. We have revenue. Traders always jump on small stocks moving quick one way or another. Today we are oversold and should bounce back quickly.
Tomorrow anything like positive future guidance, announcing sold seats, new Oem clients for Seagates drives (Dell), how much per Seagate drive (can you imagine the analyst thinking "how many drives times how many dollars, Oh my!), or a host of other possibilities would drive home the point and the SP up. Nothing new and we still rise a few cents. Everyone now knows there is revenue. The old prices will not be seen. Does anyone think going up this much on a down day did not get us noticed? Think any shorts are sweating. If there is good news and we start to climb the short covering alone will put us over $5. Then the institutions can buy, and then......and then.......it's Barge time.
Sorry 500k
Volume 550k
Volume just happened for one second and the stock took off. If we get real volume today and this week, watch out.
Awk, Sheldon, Weby, and others, now is the time to contact Danny and make sure he knows enough real facts to write the whole truth in his story. I am sure he knows alot but very few can sift through the details, explain them and follow the chain like you guys. There is enough nonsense Wavoid stories around.
Same pattern over the years. Perceived delay in news. Over invested or nervous individuals putting stop losses on a small stock. They are taken out, everyone waits to see, no buyers, stock creeps lower, the balance comes and buyers jump in.
Today I put my money where my mouth is. I think we will end up close to 2.40 today, now that we have you and your friends shares.
Anticipate that you have seen the lows of the day,week and month. The entire industry won't change it's direction overnight. Next week or the week after news will break. Today you may be seeing one or two shareholders nervous about waiting, that is all.
you should bne up on your math
Good luck to us!
An email to SKS seems appropriate. I think he could clarify and give us some peace of mind on a lot of the issues without using private information. Could someone who has communications with SKS email him.
Once there is even a short revenue trend (this quarter or next), people will start to give us a share price based upon forward looking revenue growth. It is too early now even though you can argue that our current share price reflects lot's of anticipated growth. The first time there is large revenue coming in for sure (Seagate perhaps)we will get our SP increase. It almost seems surreal that if business increases the way most of us think it will, that the world cannot see it and we linger at the current level. I can't wait for the price to start moving so my friends start talking to me again.
I added a little just now to make sure the market is still open.
OT. Seems that TD Waterhouse has an intermittant problem. Does anyone have experience with Fidelity.
Stoc, went online, placed by order and recieved not taking orders on this security. Call ....... to talk to a whatever.
Can you believe TD Ameritrade still does not allow online purchase.I am closing my account with them today.This morning I bought some more with Schwab, no problem.
Nice few last minutes of trading.
You have to wonder, if Wave and HP are working together why has it taken HP so long to do something that produces revenue with us. It's nice to see that they are still obviously working together. You can be sure HP have heard "hey, we are inter operable and they are not" many times since they are working together. So, what makes HP stick with Infineon? How much trouble and time does it take to switch to WAve? Could it be that HP did not want to bet the farm on a start up company and would now consider switching or is it more likely that Wave is working with HP and Infineon to get in the door? So many questions.It's making me nuts.One beautiful, clean, understandable PR would make this a really good thanksgiving.
Has anyone e-mailed SKS and asked him why the slippage from 2nd to 3rd quarter? I"ll bet he gives us a clear answer. I don't see any reason why he wouldn't.We could then end the speculation.
For us die hards, the next two weeks may be a great buying opportunity. To me whether the revenue was up or down a few hundred thousand is unimportant.SKS warned us. We ignored him and hoped he was being too conservative. Now, I believe we can be sure that by the second quarter of next year the share price will be higher. How much, who knows. If the price drops from here for a short time, I repeat short time, great.I did not make the margin mistake this time. Almost for sure, we WILL make money, lots of it.Time to go and dream of what I will do with the money.Goodnight to all.
Ameritrade still not taking orders. That sucks!!!
Ameritrade, tried to buy online. Same problem. Call in only.eom
All of our guessing is just that. The closing action today will be the only thing telling us anything of substance.Guessing pullback, finance, etc. means nothing. This may be leakage on three or four different fronts. We know this is new money coming in and there are at least a dozen possible reasons behind it. We are almost always surprised when the real news is released.
What a difference two weeks makes.eom
A few quick thoughts. I think that not hearing about financing tells a tale. This one for three split also had the wonderful benefit of minimizing any dilution. If we need 5 mil, then 2 million new shares and that should do it. No longer an issue. But also in the past, whenever the price rose a little we sold shares. We needed to, SKS knew we were still in a precarious position. Now, with the price rising, if you are managment and believe the price will hold and rise you don't pull the trigger. If you think the price is only a blip, then bang. Financing now. The longer the delay the more confident we can become. It might be early but I think the worst is behind us.
Snackman, we have been through he.. and have come out the other side. How about a new survey. Who started out with no grey in our hair and now have some degree of grey? Next years survey-who has retired or now has the ability to?