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.
nelzoni...I hear you, and wish I could help. But for me, and probably you and the rest of the long time longs, there is only one thing that would make me more angry at myself, than for getting into this stock in the first place. And that would be getting out just before the share price went to $50.00. I wouldn't be able to dig a hole deep enough to bury myself in. Thus, out of the fear of missing that boat, I stay....and stay....and stay.... Good luck.
Goodness. 18 years of my life in Wave and reading these boards. Unbelievable. It's like I'm in a cult and can't get out. Help me!!
RoT, Thanks for taking the time to write that; I appreciate it. I'll take all the "hope" I can get, as long as it seems based on something that is at least plausible, which your explanation does.
I'm not tech savvy, so I don't understand most of what you are saying. But from the point of view of a non-techie long, who has been in this stock for 17 years, it sounds pretty much the same as posts I was reading in 2001, 2004, 2008, etc., etc.,,,maybe, perhaps, at some future date, depending upon this or that, possibly we could be/do thus and such. This has been the story of Wave. Never having products that will sell TODAY, but maybe having products that might sell tomorrow. How this outfit has managed to stay alive on this premise alone, is something that should be studied at Harvard Business School in the years ahead.
Well.....would the originator of a lot of the IP Wave has, be leaving if the products containing that IP were selling like hot cakes? Likewise, would he be forced to do all that supposed necessary travelling, if he was the genius behind products that were generating a lot of revenue for Wave? Answer to both questions is NO.
Is there anyone who believes the story about why Thibadeau left....the injury/ travel business? Only reason I ask, is that I've got about 3 bridges and 2 tunnels left in my inventory, and I'd like to unload them, so to speak.
Twas the night before Christmas, and throughout the world
TPMs were everywhere and not being used
They've been there in the millions and billions
for a long time, but poor Wave can make nary a cent with them
The years come and go but the reasons remain the same.... wait 'till FIPS, Chips, NDAs, and all other manner of acronyms happens
They replaced the head guy, and the chat board sycophants turned on him and skewered him good, but the new guy hasn't done any better because he has the same problem
You see, Wave products stink, and are clunky, just like this poem.
Could be good news or bad news....if GM is happy with the Wave software = good news; if they are not happy, and they threw him out because he was instrumental in getting Wave at GM = bad news.
And I believe that, therein, lies one of the main problems with Wave's products, and why so many "almost" buyers have decided against a purchase at the last minute. We just don't really solve their problems in total and they eventually come to that conclusion...so Solms, in order not to mislead, has to use "mitigate" rather than "solve".
I think what it is, is the renewal of the Papa Ginos contract. It is a bigger deal, so to speak, than the initial one, since PG's has opened many more stores since the original contract in 2000. However, my understanding from unidentified and non-existing sources, is that Wave had to grant such huge financial concessions to get them to re-up, it nets out to just about the same revenues as in 2000, and with inflation factored in, I guess it's actually a tad less. Not quite the home run one of the posters referred to...more like a bunt down the first base line, and its anyone's guess if Wave has the speed to beat the pitcher's throw. GO WAVE!!!! Run like Dave Roberts!!!
Agree. I'd also like to have a nickel for every patent that was filed, and another penny for every DD word proclaiming the brilliance of such patents, and the guarantee they would give us for success. On the other side, I'd pay $1,000 for every "bulletproof" patent that was filed, over which Wave challenged infringement in a court of law. DD words have proven to be worthless BS....absolutely worthless.
Which has basically been said in one way or another, over and over again, about every 3-6 months or so, for the past 17 years. Usually characterized as "Wave will either hit a home run or strike out". Welcome aboard, and good luck!
Thanks for taking the time to write that explanation. However, it is an explanation as to why they haven't had a workable solution in the past or right now, taking into consideration the realities and needs and the environment back then, and presently. If you want to sell something, you need to deal with the environment, as it exists at the time you would like to sell. And, no matter what the environment, other firms that got into the race way after Wave, have somehow managed to deal with it and sell product. So my original premise stands....they can't sell...meaning whatever product, or iteration of product they have had in the past, or have currently, was/is not workable or desirable to the customer considering the realities (theirs and the environment) then and now.
And my only agenda for he past 17 years, has been for my ever diminishing pile of shares (because of reverse splits)to be worth something. However, they are now, and have been, worth....well, you know...s...t! :). Be well, let's root 'em home, and thanks again.
I may not be all that smart, but I'm smart enough to know Wave isn't getting to CFBE on more presentations.
Imagine how bad things are in the sales department, that Wave needs to do, and PR, another "presentation"??...."Say, it ain't so, Joe".
If Wave had a solution to these problems, it would be selling like hot-cakes, and would have been selling like hot-cakes over the last several years. It can't sell shit. Therefore it must not have any sort of desirable, workable solution. Period. We can post all the articles we want about the NEED for a solution, which is more than well documented, but Wave obviously does not now have, nor has ever had, an answer to these issues. Period.
Someone on the DD board mentioned that Wave has 100+ pilots. That's great; now all we need is some f'n airplanes!!
It seems to be the only logical explanation. I think ExPat hit that nail on the head back aways. His use of the word "clunky" was probably right on the money, and would seem to be important since he was a pro in the field, and had actually tried the software. Information-wise, that one, factual post was probably worth more than the 5million or so speculative posts, over the past 17 years.
"Wave will either hit a home run or strike out" (very profound...makes whatever Stephen Hawking says, look banal by comparison). Wave was hit in the head with a 98mph fast ball in the first inning, and has been lying unconscious on life support since. Solms was appointed medical proxy in the 8th inning, for doing the dirty deed of pulling the plug, which he is going to do in the final at bat in about 2 months.
C'mon boys, we all know what the "shelf" is in Waveland, as to whether or not they will access the money. As we say in golf to our buddy, when his ball is 6 inches from the cup..."It's a gimme"
This is like Jean Paul Satre's "No Exit".
Do we still have the Papa Ginos account, does anyone know? I have their pizza a lot, and I'd like to think I am supporting Wave, in an indirect way, by doing so.
Barge, Thanks for your PM, and your offer to give me your thoughts, which I appreciate. But I think I already get the gist of things, and I don't want you to have to put a lot of energy into a further explanation. As they say...it is what it is....have a good weekend.
Barge, I understand, and I salute your optimism. It's just that, at this point, after so many years, and so many "teases" that have not amounted to a thing (I remember one of your teases about Wave and Apple maybe secretly working together because they had offices in the same building), and so much absolute nonsense "DD" almost 100% of which turned out to be worthless, and so many partnerships that have not generated a penny of revenue, and so many demos, and so many pilots (what do you figure...50 or 60 at this point?) at the end of which customers have decided they won't buy Wave software, I am convinced that Wave has junk for sale (at least in terms of what the marketplace needs and wants)...pure and simple deductive reasoning. And 18 years of teases is beyond old, it's downright painful to read (I know...then why do I read them?). I remember one guy who was the quintessential DDer, who would post a string of links going back to the 1600s, to "prove" some sort of ridiculous connection between some fact and Wave. And why do I keep yapping every time I see ridiculous DD and teases? Because I don't want to see some poor bastard throw his retirement money at this pig, based on such misleading information, like me and so many other Wavoids have done in the past. Best to you just the same, Barge. (By the way...you are a very good writer with a superb vocabulary....do you write for a living?)
It's disruptive alright, just like the other 63 "partnerships" over the last 18 years....disruptive to my wallet, my plans, my peace of mind, my....
Good question. Based on my experience on these boards, either/both Snacky and Barge can answer it "factually". And Snack can take it one step further and actually tell you the correlation between that number and Wave getting to $50/share.
TP, There are really no more of his bridges for sale...I purchased them all between 1998 and 2014.
"Wave is a company that sells products" Well....yes....conceptually, I suppose.
Yes, it surely is another great day in Wavoidland...no doubt about it!
'cause he's the Mighty Microcosm Guru in the sky, whose opinion about Wave and it's technology, has been so often cited by the DDers over the past 20 years, and whose "visionary" insight about Wave and some other technology stocks has proved to be thus far, so terribly wrong.
Gilder? I hope you genuflected when you said that name....
10,000 at .99-1.03. Bought 'em all one at a time to cost average in....cost me a fortune in trading fees though.
You were right! How many shares you buy, and at what price?
I dunno....I operate from the assumptions that: A) Nobody wants the company to succeed and sell stuff more than the CEO and the salespeople, and B) Nobody is working harder to accomplish those goals than the CEO and the salespeople, so C) The non announcement of any deals has nothing to do with feelings, one way or the other, toward shareholders...such a conclusion just doesn't seem to make any sense.
The share price right now is insanely low. The Street has had over 20 years to figure Wave out, and what a magnificent cash cow it's going to be, and they still don't get it. I'm going to gobble up a few shares here....easy money.
Well....as it has always been over the last 17 years....never a better time to buy than now....good luck!
Wave SP
"I fell in to a burning ring of fire,
I went down, down, down, and the flames went higher,
and it burns, burns, burns,
this ring of fire...this ring of fire"
Say what?
This "stuff" (as Joe Biden might refer to it) is beyond nauseating at this point.
I wonder how many "awards" Credant had before Dell bought them, and told Wave to take a hike.