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.
Any idea how many drives CMS could sell in a year. This is a "money" news announcment just as sure as any contract. The problem is estimating how much is it worth.
Sheldon, Thank you. eom.
Acer Proshield I believe the only thing I have seen is this
We are also seeing continued momentum with our OEM business," Sprague added. "Acer has made Wave a core component of its Acer Proshield application that comes standard on Acer and Gateway PCs equipped with a TPM.
The best analysis I have seen on Mobile Data Protection. Sorry if it was posted earlier. It may not be totally unbiased.
https://portal.mcafee.com/downloads/General%20Documents/mobile-data-protection.pdf
It's happening all around us. We have the best technology in the world and 250 people making sure we stay in front of the pack. We are included in almost every major event. Every single major OEM knows about us and most are using us in some capacity. Every part of the DOD knows about us. Our European allies know about us. Steven and now others are speakers all over the globe. While major announcements are great more importantly medium size companies are also becoming aware of us and we are starting to focus on them. Anyone that wants to do business with the government will soon likely be deciding how to improve their security. Most will at least consider Wave. We are growing at a decent rate quarter over quarter while we wait for traction. It seems Microsoft is now becoming a leader instead of an anchor. Samsung, after the announcement did not become the only thing we could talk about for months. It had become just another major company that would provide future revenue. As we grow the licensing and maintenance will also grow. While nothing is guaranteed it seems that now, more than at any time, the upside potential gain dwarfs the downside risk. For those of us that believe in an incredible upside even the rational investor looking to "only double or triple" his investment must seriously consider Wave as a great risk. As soon as a few more analysts start to follow the stock and the general investing public start to understand what a TPM does they will start to look at who is in the field. Everyone will ask who is the leading company in the industry and when they find out they will ask, "who is Wave". The future is bright indeed.
http://finance.yahoo.com/news/exclusive-hacked-companies-still-not-120436364.html
Exclusive: Hacked companies still not telling investors
SAN FRANCISCO (Reuters) - At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
Top U.S. cybersecurity officials believe corporate hacking is widespread, and the Securities and Exchange Commission issued a lengthy "guidance" document on October 13 outlining how and when publicly traded companies should report hacking incidents and cybersecurity risk.
But with one full quarter having elapsed since the SEC request, some major companies that are known to have had significant digital security breaches have said nothing about the incidents in their regulatory filings.
It article goes on. Very interesting.
It does not have to be only the Army contract. There must have been a sense of imminent contracts close to closing, maybe from the pipeline.
As to the Army contract I was only speculating as to the timing of a PR if warranted. If there is a two week period whereby others can submit a completing product then there is nothing to PR prior to the expiration of that two week period. For me this is more of a speculation on what management must be thinking, why and when will we see some share price relief. I am very optimistic but after all these years some upside surprises will bring me lot's of relief and cut down on the amount of Tums.
Assuming Wave is waiting for two weeks to issue a PR on the Army contract, it should attract lot's of attention. That would be news worthy to a totally new group of investors. Wave was making a deal with Safend and knew that there would be a large overhang of shares hitting the market. They also knew that they might want to raise money. It almost seems certain that someone would time it out to make sure there was compensating good news to soak up those shares. I expect a very good week next week, whether Army or elsewhere. Management had to be thinking along those lines. I can't believe that it would not be planned out.
This method of raising capital vs a PIPE shows that mngmt is optimistic. If they were nervous they would grab the money now and discount shares to private investors. This time it shows that there is confidence that the future share price will be higher than current SP.
Eventually what will be required in Wave will be a hard experienced person in managment that will cut costs ruthlessly, and protect our cash flow. I went through enough dilution as did many others here. I love SKS but he was a genious at getting us into the center of the emerging market. He should not also be expected to say" Tom out, John not needed, .....). He needs a world class leader to handle day to day drudgery and tough decision making such as costs cutting and free himself to do what he does best. Not just a board memeber. Yes we will reach the promised land but it would be nice to do it without a billion shares outstanding so we may profit according to the amount of pain and suffering we have gone through. (meaning wife's critisism, friends not speaking to me, etc.)
Also, when we get another 8k regarding a closed contract such as DOD, (hopefully in the next two weeks) they can now sell into the market and take advantage of some higher share price days. Yes, it will cap us a little but if sold at $3 instead of our current SP the dilution becomes minimal.
Wave's new encryption service sounds like a much easier sell. It should be easier to train our new larger sales team on the new service to quickly bring them up to speed.
"In October, Samsung introduced a program called Samsung Approved for Enterprise, which includes a suite of tools tailored specifically for businesses." Sound like us.
What just happened. The price got hit. I just bought on the dip. Hope it's just Safenet selling pressure.
The big deals always make a loud splash but I think that the more important number is the pilot conversions. A company like GM had to spend a lot of money to upgrade their entire system. Most companies, even large ones, will probably convert their pilot programs as new equipment is bought through a natural life cycle. That is why I believe we don't see more large announcments. One number that I would like to see is what percent of pilots are converted.
Samsung. We keep nice company. Some staggering numbers.
Samsung Group plans record $41 billion investment in 2012SEOUL (Reuters) - Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record $41.4 billion, underscoring the widening gulf between the dominant South Korean conglomerate and its faltering competitors.
"Samsung's got strong cash flow to make bold bets in new technologies," Lee Sun-tae, an analyst at NH Investment & Securities. "No other IT company can beat it in terms of investment and that's how Samsung finds new revenue sources ahead of rivals and widens its gap."
Investment in system chips such as mobile processors and sensors used in smartphones, tablets, and cameras is likely to exceed spending on its bread-and-butter memory chips for the first time, reaching 7.5 trillion won, or some 1 trillion won higher than investment in memory chips, they predicted.
Does anyone have knowledge of the chain of command in the sales and marketing team at Wave? Also does their sales strategy split territories per salesperson or split potential clients by industry? It seems that we spend a lot of time talking about management but not enough specifically talking about sales and sales strategy and sales management. If Brian Berger is in charge of sales but also handling the TCG, it seems as if that is an impossible task for one individual. Lark Allen seems to be the second individual responsible for sales and marketing. I do not know enough to comment on their leadership or sales ability but something needs to change. I always believed that Steven is a genius and has gotten us into the middle of our space. If there is a weakness in his management perhaps it is that his focus has been the vision but not on getting that vision sold. He is responsible also for putting the right people into the right positions. Non performing individuals must be replaced or at least supplemented with other personnel with the necessary sales and marketing skills if they do not perform.
Steven has gotten us here with his vision and tenacity. However, he cannot do it all. Someone else has to make sales happen. While obviously we have big wins we will need many more. I understand our cash flow situation has dictated that we ride the coattails of our OEM partners but surely now we have enough personnel to add to that effort. There are so many different ways to market their products. It does not seem efficient that Steven needs to blog, attend all shows, and still be the center of sales. That works for a start up company with twenty employees. Sorry that I am all over the place but in my own mind I just realized that my frustration is localized to the marketing and sales arm of Wave. I believe all the negative comments by the various negative posters of the past are all aimed towards this issue. If Steven has any major fault it is that he has the vision but maybe now needs to realize that it is his job to hire others to handle sales. Alea is right, the best product and innovator does not necessarily win the race.
I have built many companies to a certain size but not to where we all hope Wave gets to soon. Not meaning for this to be a criticizing post but one that will help me understand who is leading the overall sales strategy. Who is in charge of integrating the new Safend sales staff and how will they go about reaching out to new potential clients as well as approaching old clients with new product. offerings. This is where we will succeed or fail.
A big name on the board would have attracted attention and given a different image to the company. Maybe he still retains that large rolodex or maybe still dines with Peter. No way to tell but getting a name we all recognize would have been better. That would show an intent to have an independent voice. Still, he played with the big boys.
In addition to looking for that one large account I think that we are losing sight of the largest change Wave has made. We have probably tripled our sales force. The increase started two or three quarters ago and then continued with the safend purchase. All of these salesman should start closing deals. One target is the existing safend clients but having a true sales force allows us to do much more. The entire OEM as our target was only phase one and only because we did not have enough cash to hire more feet on the ground. I look for a boatload of smaller accounts without the 8k attached as we move forward.
Most everything that can be said has been said. The truth is that if not for the incredible due diligence on this board non of us would know enough to truly be committed to this investment. I have three money manager friends from major firms. They have tried to understand what Wave does, forget what the implications are. They can't. They get as far as computer, TPM (whatever), security. Outside people not reading this board only understand bits and pieces as they re released. I have accumulated a huge amount of shares over the last ten years. If it goes up I am retired. If not, I continue in the real world. I still get nervous on days like today and want to yell from the roof tops, NOW STEVEN, NOW. GIVE US NEWS! Maybe that will do it. I feel better.
This is now margin call selling. eom
With all the good news such as Samsung , our many mentions, being quoted as experts, touted by some very large companies and included in most if not all of the large PC corporate boxes you would expect a little more upside. The markets are artificial and controlled. Only when the volume really rises will we break this stranglehold.
Hi Dig, You are right. There are those of us that have accumulated for ten years and never sold a share, like myself. I bought 2000 more this week but it had to be without the wife finding out. At this point if we are right I will be well off. Accumulating more will not change much. If we were not all loaded up there would be a very nice demand to accumulate shares. Now we wait for major progress so our friends and family will start to talk to us again without resentment hidden behind those frozen fake smiles. :) Life is good, 2012 will be nice.
Samsung is advertising security as a main selling point on it's Galaxy phones. Is Sybase our competitor in the mobile space. If they are providing mobile device management software is this the company we will be displacing hopefully or is this complimentary. Sorry for the lack of technical knowledge.
On Device Encryption
Play it safe with a security solution that enables the protection of mobile data without the need to sacrifice speed and functionality. The Samsung GALAXY S II is the first Android smartphone to adopt powerful encrypted hardware, minimizing the use of security software and applying encryption technology to the hardware itself, greatly accelerating security protection and achieving superior performance. The incorporated Sybase Afaria Mobile Device Management and Microsoft Exchange ActiveSync complement the encryption support with their own mechanisms to secure important corporate and personal information
MDM (Mobile Device Management)
Wipe away your concerns. Sybase and Samsung are working together to address the management and security concerns commonly faced by enterprises when deploying Android devices. This partnership provides the comprehensive capabilities that It requires to allow mobile workers access to enterprise assets using the Samsung GALAXY S II. It can now confidently extend corporate security policies to the Samsung Android platform, allowing for the adoption of both personally owned and corporate owned GALAXY S II’s.
One possible explanation for the lack of more major accounts is that most of the companies start with pilot programs. If there is a 300 seat pilot program it would not trigger an announcement. Once and a while a name pops up that we have not heard from before. I am hoping there are lots of these types of sales being made. Unless a company gives us a huge order it may only show up in the books. Waiting for one multi million dollar order at this point is not good. There should be lots of new accounts from our pipeline sold each month. Either this CC or the next I am hoping for a nice upside surprise. (probably next).
It would be interesting to see how quickly they bring their their team up to speed with product knowledge. Thanks
Does Ingram also give advice and solutions? If a client was looking for a security solution would ingram provide advice? Thanks
This CC it will be all about the guidance. The current numbers probably will not thrill us.
Thanks./eom
WD, is this our competition in the Mobile space? eom
With the large increase in employees I think it is also appropriate for Wave to let us know something, even if in general terms, about what is driving the build up. This build up has a material impact on the company, the same as the purchase of a company. If you cannot divulge specific information some general information could and should be provided. I bought more this week but the pepto bill is getting huge.
Did you know that your stock shares held by your brokerage can be borrowed to short the stock and drive the price down? Did you know that you can Hypothecate your stock. You can request that your shares not be held in a street name. I wonder if a email campaign to the SEC requesting that they look into suspected manipulation would have any affect. After ten years I always feel so frustrated and powerless when I see what I believe to be game playing with the share price. Every little action taken by the average investor is better than no action.
Does anyone else find it unusual that we have not had more recognition this past two weeks or so. I expected higher volume since there are always thousands of investors looking for the next trend consequently, who are the players that will benefit.
Most of us here are fully (understated tremendously) invested but what I have expected and now expect shortly is the leakage from sources like 1. families and friends of all the Government suppliers we were on the board with at NSA, 2. The europeans attending the overseas version, 3. PriceWaterhouse fans, 4. Government employees and related parties, 5. Microsoft connections? 6. on and on and on......There must be a hundred sources that are seeing our name in future business. By leakage I mean of course the many people that will find out about the tiny company that is in the middle of everything. News like this always gets out and while I greatly respect the way Wave always seems to hide the next announcement and it comes from no where, others are not as good keeping secrets.
There are just too many people that should be finding out. OK, no one believes us any more but there are other investors out there.
Within the next week or two, I would guess that we see some of the million share days that we used to see. Snackman used to always say "watch the volume". Price always follows volume. Anyhow, just Sunday night rambling. Looking forward to a great week ahead.
Surprising to me and soon to be to the shorts as well is how the stock reacts to only a couple of hundred thousand extra shares wanted. It will only take moderate news or a small recognition by only a few extra players to cause a huge shortage in available stock. Once the panic begins...... I can see a five dollar rise just on covering. It would give us a new base price to start from as profits begin. It might take a few months or a few minutes. Trying to predict the exact price movement is absurd but we now know the trend.
Doe anyone know if the shares issued to Safend were restricted or could they be hitting the market? Sorry if already discussed.
It will be very interesting to see if we start to get a higher average volume. I believe with the exposure that we have been getting the general public, meaning alaysts, investors other than ourselves and people familiar with the space will start to undrstand Waves role in the emerging market that we lead. (mini Gorilla or very large monkey). A few more analysts, steady stream of articles and PRs and 1 million shares a day average will lead to a nice smooth enjoyable trend up.
With fewer shares Safend might not want to close the deal. Starting next week, let the games begin. I haven't been this optimistic for a while, feeling very good news right around the corner.
What truly makes sense is that if the price of Wave had gone up previous to the deal then the upward potential to the venture capitalists would have been diminished. If wave were at $3 they would have gotten less shares, at $4 even less. So=, how does Wave make the deal? Pull aside the curtain a little and show the Venture capital folks what their investment and profit would be in a year. Keeping the price within a range that kept the deal together would have been priority one. Safend backers would not take a deal for this amount unless they thought there was upward potential. At 4.50 the deal is worth double. It kind of reminds me of the pipeline days when the stock traded in a narrow range for finance purposes. I would not be surprised to see more PR's, revelations and stock price appreciation before the end of the year.
Apple, experienced management,2600 accounts, seasoned sales force, new markets, complimentary products, engineers and patents. WOW. Price almost nothing. One intro to one right person in one company or industry pays the price. What a feather in the cap of SKS. Many huge companies built themselves through smart acquisitions. How long would it take to hire the brains and open the new sales channels. Brilliant, simply brilliant.
One caveat, It might take about a year to integrate the companies and derive the most benefit from the synergy. The only negative that I can think of is that Wave has not shown itself to be able to cut costs quickly. It takes a special kind of a personality, not necessarily a nice person, to trim ruthlessly. Oh, you have one of these? We do to. We only really need one.
I know. He is smart and well connected. I consider him still part of Wave mgmt.