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Mayer - get real
Been at this since 97-98 and still no revenues of significance. Believe in the product and company all you want, but revenues make or break the company. This can't continue. They have to start showing Intel revs, Dell revs, WXP revs, eSign revs, and all of the gov revs.
Revenues are the only thing you and everyone else need believe in from here on out. Without them, Wave is nothing, and continues to be worth nothing.
I hope you get it, because I'm not waiting seven more years until you get tired of waiting.
Snackman - I'm not trying to be critical, but since you're a big voice on this board, I must point out that your revenue expectations always appear to be in-line with Wave's ability to explain away the absence of revenues quarter-after-quarter, and year-after-year. As their expectations move, so do your revenue expectations.
Pick a spot and stay on it. What will the revenue numbers be in Q3 and Q4?
52K shares traded today - for a company that supposedly is on the brink of breakout revenues, the message sure isn't getting out there to the people who would most care.
So, if the Intel board itself is not being upgraded, then it follows traditional logic to make it 4.n release, even if the software upgrade is major
Doma/Weby - Usually when a company goes up to the next whole number it's considered a major release, with major new features/functionality. The 4.n releases were all modifications/patches made to the prior. So there is some significance going to 5.0
t123
barge - not to state the obvious thought running through everyone's mind, but "when?" is the part that no one ever seems to get their arms around.
;)
DutchBj - We're not all as fully invested as we could be.
;)
regards,
T123
barge - I know some of the people who work at motion. In fact, a couple live real close to me. So close, I can see their house from where I'm typing. I'll pass the word along (again).
T123
Dutchbj - I'm not a lawyer, but if you still you can, you should sue him. As you said, you're talking hundreds of thousands of dollars here. Just the mere threat would probably get results. Any lawyers in the group?
T123
trustcousa - I don't recall posting to you on anything. This could be some kind of IHub link-error.
Apple may use Intel chips for Macs
Monday May 23, 6:19 pm ET
By Duncan Martell
http://biz.yahoo.com/rb/050523/tech_apple_intel.html?.v=6
Recasts second paragraph, updates with closing stock prices of Apple and Intel
SAN FRANCISCO (Reuters) - Apple Computer Inc. (NasdaqNM:AAPL - News) has been in talks that could lead to it using Intel Corp. (NasdaqNM:INTC - News) chips in its Macintosh computers, The Wall Street Journal reported on Monday, reigniting decade-old speculation and sparking a 5 percent rise in Apple's stock price.
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The report, which cited two industry executives with knowledge of recent discussions between the companies and prompted skepticism from some analysts, said Apple was expected to agree to use Intel chips. But it said the talks could break down or could be a tactic to gain negotiating leverage with Apple's current chip supplier, International Business Machines Corp._(NYSE:IBM - News).
At stake for Apple is a more predictable and consistent supply of microprocessors -- the computing engines in computers -- as well as potentially lower prices for Apple Macintosh computers, which historically have cost more than PCs running Microsoft Corp.'s (NasdaqNM:MSFT - News) Windows operating systems.
Intel spokesman Chuck Mulloy and Apple spokesman Steve Dowling declined to comment on the report, which they termed "rumor and speculation."
Some analysts on Monday doubted Apple would soon drop IBM's PowerPC processor for Intel's Pentium chips, which power more than 80 percent of the world's personal computers, noting the momentous task of porting, or rewriting, Apple's OS X operating system, as well as all the software programs that run on PowerPC chips to Intel's.
"It's just too much software to have to change," said Kevin Krewell, editor-in-chief of newsletter Microprocessor Report. "This is just putting more pressure on IBM to fix these problems."
IBM has in the past had problems in producing enough working G5 PowerPC processors for Apple's Power Mac computers and the G5 chip uses too much power, hence producing too much heat, to be used in its popular iBook and PowerBook laptops.
Though Apple has less than a 3 percent share of the PC market, its embrace of Intel chips would mark a fundamental change to the computer industry's historic alliances and rivalries. Apple has long blazed its own path by avoiding chips from Intel or rival processor maker Advanced Micro Devices Inc. (NYSE:AMD - News), which together power nearly all the world's PCs.
"It's like Ferrari going to BMW for an engine," said Richard Doherty, the research director for technology consulting and research firm Envisioneering. "This is seen as a whole changing of church."
Tim Bajarin, an analyst at Creative Strategies, referring to Intel chips said: "To port to an x86 platform would be a massive undertaking and I'm highly suspicious of that."
Apple always has a lot of projects in the works and could be evaluating Intel chips for use in future products, Bajarin said, adding that when Apple co-founder and chief executive Steve Jobs was asked Sunday night at a Wall Street Journal technology conference whether Apple would use Intel chips, "Jobs basically said no."
"He said 'we've had talks with Intel' and that's about it," Bajarin added.
Apple shares closed up $2.21, or 5.9 percent, at $39.76, while Intel shares rose 15 cents to close at $26.50.
Analyst Rob Enderle of the Enderle Group said any such transition to Intel chips would not be easy for Apple.
"Apple has put so much behind the PowerPC in terms of how much better the PowerPC is than Intel's processors," Enderle said. "It is risky." (Additional reporting by Daniel Sorid in San Francisco and Bill Berkrot in New York)
oclv99 - wrong! We've had those dilusional signals for years now.
awk - how long will the transition period last?
barge - I'm speaking to you. You know what I'm saying. Interoperable or not, Wave still has to sell their SDK, or solution over someone else - Right?
T123
barge you just asked the question that will distinguish Wave as either Beta or VHS.
T
But I've stopped buying it.
I will sleep on it, but I think I'm out!
Tampa123
Maybe now some of you will listen to me once in a while.
- No economic model
- No quarter over quarter doubling
- No guidance
- Same ol' song and dances
- Bonuses requested without performance
and some of you are still voting with your egos instead of your heads. This investment is not performing
stfzf - founded in 1995. Acquired by Wave in 1996
T123
Gowave1 - If the revs are not over $208k then Wave has a problem, because they will have broken a two-in-a-row cycle of doubling their revs. Doubling revenues is a critical indication of performance when looked at by investors and investment houses. If they can't go more than two quarters in a row, and one quarter in a row is always a given, then they deserve to be at or below 50 cents.
They need to start performing.
T123
barge - You Write
"I would be absolutely stunned if S. Sprague didn't have "HUGE UPSIDE NEWS" for investors before this month's shm!"
I'm very disappointed in this statement.
History is so not on your side on this one. If Steven had news, especially huge news, he wouldn't be holding it looking at a $0.68 share price. He's been under $2 for quite a while, and near the $1 mark for almost a year now. What news could all of you possibly think that Steven could offer within the next week that he couldn't have offered for the last year?
This is where I believe many on this board kid themselves into believing fiction over reality. If you believe in Wave, and its future, then fine. But to hold onto, and continue to make ridiculous hopeless predictions like this one, when nothing is there to suggest otherwise is why some on this board no longer post as often as they once did.
This is not grounded in reality, just speculation.
If the revenues are above a million dollars this quarter, that would be news. Anything else, should have already been released, if there was anything IMO
Regards,
T123
New Wave - Rationalize it the climb, and the height of the mountain whatever way you wish, but climbers always know where the pinnacle is, and how far away from it they are. This climb always seems to have a bright day for climbing, but is always still at the bottom of the mountain. When does this expedition expect to reach the halfway house, or the pinnacle? Every CEO knows that. How else does one get funding.
barge - when might that prosperous ship dock?
t123
I think many more on this board share this attitude than many would think. We all thought this was a good investment. Slowly, we have found that this investment has not turned out the way we'd hoped. That's not to say that it couldn't still, only that it hasn't yet!
From a purely investment perspective, I have heard Steven say (more times than I'd care to hear now) almost every quarter since early 2002 that (paraphrasing) things couldn't be better for Wave than they are currently, and that things are just now beginning to happen. The problem with these statements (again, from an investment perspective) is that while they may not be inaccurate, they are a bit misleading. For example:
If you're talking about the formation of the earth, then statements like those mentioned above are somewhat factual, because it took millions of years for the earth to evolve into what it has become, and each quarter it probably progressed to a point that was better than the previous quarter. And, depending on the relativity of time, the first few million quarters were realistically a time when things were just beginning to happen.
The problem with the correlation here is, that we have no timeline or guidance from Steven by which to measure the importance of such statements. And, I believe that we've all started to see that whatever timeline Steven is actually on, it certainly has exceeded any that I, as an investor, might have imagined. Those on this board that would argue this point are either kidding themselves, or simply trying to maintain their sanity over how much they've sunk into this investment.
As the CEO, Steven's honeymoon has now ended. He needs to begin to set clear expectations and direction for this company, and then work to meet them. This open-ended agenda that always appears to rely on, or be excused by any number of imaginable industry factors has to stop. If I possessed the ability for 'Total Recall', I know (I don't think - I know) that I could draw on several occasions over the past several years where Steven has agreed that:
1. Revenues must begin to flow (I think this was 2003)
2. Doubling of revenues every quarter is appropriate for investors to expect at this point. (Early-mid 2004)
3. Guidance might be a quarter or two away yet, but certainly not 9 - 10 quarters away, and still no guidance being offered. (Late 2003 Annual Meeting)
4. Shipments should be in the thousands now to the 10s of thousands by years-end, followed by millions of shipments in the coming year, building to 100s of millions over the following 12-18 months. This was quickly adjusted by Steven saying that we were running about a quarter to two behind. Well, even so, the time for millions of shipments is still at hand, which should be yielding more revenue than is being reported (thus far). In short, this timeline is now off now too.
Instead of punding Wave, I think that everyone gets the point. What is it that we can count on? What are realistic expectations? Why are we still under a buck in 2005, and when are we going to move the needle on revenues. Let's face it everyone, if the orders were coming in, Wave would know these answers already, and should share them. What possible reason other than reality being different than what we've been told in the past could there be?
T
Revenues tell the tale of progress. The lack of revenues reflects a lack of progress. A significant increase in revenues reflects a significant increase in progress.
It's really a simple concept that many here try to avoid accepting. Any further excuses from either Wave management, or from people on this board are beginning to finally be recognized as inappropriate, and unacceptable. It truely is binary at this point, and if it's happening, it should show up on the balance sheet. If it's not happening, then one could rightly argue that reality, and Steven's statements of constant progress being made are simply too far disjointed to be believed.
T123
Time to suck it up, and look at this as an investment.
Who cares who led the parade, or led the cheers? The fact remains that this is, and has always been, an investment that should be based on performance, not hype. To discount the Intel and Dell news now in light of some more recent Microsoft statements is as ridiculous as the Intel hype was. And, I don't mean that the Intel news was hype either. Rather, I mean the board's traditional "hype-like" statements. Here's a couple, in case you forgot:
1. We'll likely never be under a buck again.
2. It's either going to happen, or it's not. (so far - not)
3. Stated in 2004 "Wave will be doubling its earnings every quarter." (I think presently we stand at 2-quarters in a row, and the first one is always a given)
4. If we're not showing significant progress by the end of the year (2004), I'll be selling myself. (I liked this one)
That's just a few. There are countless other times when someone who stood up and questioned Wave's approach was chastised, and made out to be a non-believer.
Well - I think the time for all this $%^&* is over. It is, and always has been about news, contracts and revenues. Wave has, thus far, at least, not come through. I am not buying either side of the hypster/basher equation, and neither should any of you. Am I appreciative of the DD performed by some on this board? Absolutely! Do I consider the posters who do the DD any more knowledgable about stocks than I am? I think you can guess at that answer on your own. We're all in the same boat on this stock. Aren't we?
So, stop buying into the hype, and for goodness sake, don't start assuming a chicken-little posture either. Just watch the numbers, and measure Wave (and their management) rigorously based on performance only. If they don't double revenues every quarter, call them relentlessly to the carpet till they get the message ~ "We are shareholders and we're not going to take poor performance anymore. Either put up the numbers, or put a cease to bonuses, $300K+ salaries, and so forth, until the numbers are there consistently". Be harsh ~ it's your money.
If you act like you want them to perform starting now, they'll get the message. However, if you continue to make excuses for Wave, or allow Wave's excuses to continue indefinitely, to me, that's the bigger tragedy.
The battle is not lost folks, but it's about time you made it a fight, instead of just a love fest. We may still get surprised yet, but wouldn't it be nice, for a change, if that actually happened? Don't count on it. History isn't on your side if you do. It's time we started taking our own investment, and money more seriously, while we continue to thatnk those on this board for their continued due-dilligence, and tireless support and spirit. Just don't buy into anything but facts.
T
jakes_dad - I have to agree with you on your Microsoft opinions here. Microsoft may be the company that forces the consumer to turn "it" (TPM) on, but will not associate its brand to the security and privacy issue at all. If I were Gates, I'd act exactly like you explained.
Regards,
T123
Doma - As dedicated and as critical as you have been to this board, I can't help wondering if it isn't sometimes you who needs to get a grip.
While I'd agree that some significant news out of Winhec wouldn't have added anything major to this year's revenues, I think that even you must admit that something significant out of Winhec would have definitely contributed to next year's revenues. I'd take that, given that so far we have little to nothing tangible to predict when revenues with Microsoft could ever emerge at all.
There's nothing wrong with wanting something positive to happen. However, there is something a bit wrong with thinking that no news is always okay, and unnecessary at that specific point in time. It's not always okay! That's how progress in the business world is measured ~ News and revenues!
It's okay to hope for some, and it's okay to be a bit disappointed when it doesn't come.
T123
Weby - you write
It WAS binary IMO. If one actually reads Awk's charts instead of just looks at them and reads them...(granted I also ask him a lot of off board questions)----- It may not matter much how long it takes to get to NGSCB.
With the highest amount of respect that I can offer to everyone, I think that yaya's tragedy taught me (if I didn't know it already) to disagree. Personally, I'd like to see this investment come to fruition in my lifetime.
Tampa123
orda - To some extent yes. But to be clearer, expectations are long overdue, to where it's no longer worth talking about Wave. What else needs to be said, or even can be said?
If it's binary (as Weby says) then Wave is stuck on believing that Weby meant that the share price needs to be somewhere between zero and 1 (buck). At some point, Wave needs to learn the value of making a few bucks for its shareholders.
Until then, the conversation on this board should be left to those on the extreme right, or extreme left. Those of us who just wanted to make some money off our investment no longer have a place on this board. I think Weby is right, at least in my mind. It is binary. It's either going to happen, or it isn't. But "who cares anymore" seems to be creeping up on binary at this point.
T123
trustcousa - many on this board already know that we're a slam dunk to see Wave make a ton of money, but no one ever imposes any expectations on them. This month, or any other month. That way, when nothing happens they don't have to actually admit it.
It's a denial thing.
Personally, I have expectations every day that go unfulfilled. Hopefully, some day they'll surprise us all, but I've tired of anticipating it long ago.
T123
go-kitesrf - I see this math on this board all of the time.
It's called Wavoid math.
It's not that I don't like wavoid math, but after 7-years, I'd like to see someone at Wave grasp its concepts and interpret it in to revenues.
You know ~ $1 + appreciably more revenues = increased SH value
or
Wave sells something + gets a signed contract + notifies the public of the terms = something north of $1 per share.
Today, their math is ~ Wave spends millions + makes lots of friends = borrows more millions
T
Game on! The Lenovo announcement has officially launched a geogrphical war over TPM market share...
If time has taught me anything, its that this announcement, even though it's not Wave's is pretty significant. The salvo launched by Lenovo calls for a response from competitors, like Intel, NSM, AMD, etc...
Now is when we'll begin to see what we gotten ourselves into. There should be a response in the near future. Let's see who makes it.
Big news event IMHO
Tampa123
ronle - sit and wait is our mission statement
zen88 - "Out of the blue"
Like in Big Blue?
smackdog and kantbelieveit
That bios brand might be Phoenix Technologies
http://www.nwc.com/showitem.jhtml?docid=1421buzz2
T123
I now live in Austin just a few hours away from DFW
T123
Are these trusted computers?
http://biz.yahoo.com/bw/050406/65265.html?.v=1
HP Awarded Five-Year U.S. Air Force Contract
Wednesday April 6, 7:45 am ET
PALO ALTO, Calif.--(BUSINESS WIRE)--April 6, 2005--HP (NYSE:HPQ - News; Nasdaq:HPQ - News) today announced that it has been awarded a contract by the U.S. Department of the Air Force to provide desktop PCs, notebooks and servers under the provisions of an Air Force IT strategy designed to re-shape asset management and reduce total cost of technology ownership for the department.
The five-year contract includes HP client computing devices, departmental servers, additional storage for existing storage area networks, associated peripherals, replacement parts, and associated services and accessories from the HP GSA Schedule. The contract covers all non-ruggedized HP desktops, notebooks and tablet PCs.
"We are pleased to have the continuing confidence of the U.S. Air Force, and we look forward to working closely with them as the department implements its IT purchasing strategy," said Joe Farley, vice president, Federal Sales, HP.
Called the DLS BPA (Desktops, Laptops, Servers Blanket Purchasing Agreement), the contract allows HP direct bidding through the AFWay system on the Air Force's large quarterly enterprise buys for desktop and notebook PCs. In accordance with U.S. Air Force CIO policy, planned desktop and notebook purchases for Air Force customers must be purchased through AFWay or the quarterly enterprise buy process. The AFWay DLS BPA is managed by the Standard Systems Group at Maxwell-Gunter Air Force Base in Montgomery, Ala.
Under the contract's terms and conditions, there are no order limitations and open market micro-purchases are allowed. Additionally, all products ordered come with a three-year warranty. The Air Force contract is one of a series of recent customer wins for HP's Public Sector business; others include the United States Postal Service, the U.S. Defense Logistics Agency and the U.S. Navy.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion. More information about HP is available at www.hp.com.
This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2004. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2005 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.
--------------------------------------------------------------------------------
Contact:
HP
Mark Stouse, 281-514-6632
mark.stouse@hp.com
HP Media Hotline, 866-266-7272
pr@hp.com
www.hp.com/go/newsroom
willem - what hype are you talking about?
Rooster - Since Longhorne has already shown up on several enterprise product roadmaps that I've come across over the past 6-months, I don't believe that selling it will be a problem.
T123