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Doma, we are seriously looking at that possibility
All posts relating to founders shares and topics that have been discussed to death will be considered duplicates and be eliminated.
We have to clean up this board. It is turning into a Yahoo board and I will not let that happen.
RWK, no, this is the best place for us now. RB still does not have anyone watching the store. Use the filters here and you won't have to see those that you want to ignore nor see the responses to the posters you don't want to see.
The bashers here have to play with the same rules. Posts must be civil. Vularity and attacks will not stand.
Bear, your slip is showing. TCG has replaced TCPA. You know what and who TCG is don't you? LOL
Maybe you can't trust them, but Intel can, and that means a heck of lot more to us than what you think.
cpa, let me ask you a question. If they raise enough money to take them to 2005, would you consider this bullish and would you still wait for $10.00 before you buy in?
Nope, but the year end is not here yet (g)
Hey Bearmove, I predict $2.50 or higher before Thanksgiving. Both of our predictions are kind of worthless don't you think? But mine will hit and your's won't. LOL
Looks like some stop losses just got taken out. You put them in and the MMs will go down and take them out. If you must have a stop loss, keep it mental, not on the books, and when it hits your sell price then pull the trigger.
If you have stop losses in now at $2.00, they will be taken out in my opinion. If they are not there, the price won't go there unless there is some REAL reason for the stock to slide further down.
I still maintain an artibrage is going on. If the price is near even, the slide will stop here. We shall see.
cpa I could probably give you a good number but why should I? You offer nothing positive and whatever anyone of us say you will shread it anyway. What do we have to gain by giving you information?
You are not going to bait us. We have nothing to gain by coming to your party.
Last one for the evening. After you read this post, go back and read my post #18962. Some very interesting dots.
============================================
Sun's McNealy Wants to Break Windows By Bill SnyderStaff Reporter11/17/2003 06:21 PM ESTClick here for more stories by Bill Snyder
Updated from 2:11 p.m. EST
Military commanders and most corporate executives believe in striking where the enemy is weak. Not Scott McNealy, the combative CEO of struggling Sun Microsystems (SUNW:Nasdaq - commentary - research). On Monday, McNealy used the pulpit of Comdex, the PC world's premier trade show, to attack Microsoft (MSFT:Nasdaq - commentary - research) where it is strongest -- the desktop.
McNealy announced the Java Desktop System, a "major initiative" to lower the cost of computing by selling a combined operating system and office productivity suite for as little as $50 in the U.S. and even cheaper abroad. A comparable Windows package could run anywhere from $200 to $500 or more depending on license agreements.
"There's massive interest in an alternative to Microsoft," Jonathan Schwartz, executive vice president of Sun's software group, said during a meeting with reporters last week, during which McNealy's plans were outlined. That may be so, but there seems to be little agreement that the company's latest tilt at Microsoft's main franchise will be especially successful.
Speaking informally, one Sun executive put it this way: "Sure we'll get a skeptical reception. How will we change it? We'll show you guys a major deployment."
On Monday, Sun did just that. Sun has signed an agreement with a government-sponsored consortium in China to supply the Java Desktop System to government offices, schools and consumers. Sun expects to ship 500,000 to 1 million units next year, and hopes to ship as many as 200 million within five years, said Peder Ulander, a Sun marketing director.
Moreover, Sun's timing on the desktop initiative is good. Microsoft has gotten repeated black eyes as hackers find one security hole after another in Windows and customers are not happy about Microsoft's restrictive licensing and high prices.
Meanwhile, Sun is also moving on the hardware front, announcing on Monday an alliance with Advanced Micro Devices (AMD:NYSE - commentary - research) to build low-cost servers around AMD's Opteron chip.
Sun, which has turned a per-share profit only once in the past 10 quarters, is always promising to drive profits with complicated plans to capitalize on Java and other highly regarded technologies developed by the Santa Clara, Calif., company.
In September, for example, Sun dropped its old "Sun ONE" brand name and relabeled most of its software products with the name Java. The company's major software bundle is now the Java Enterprise System, a move Schwartz hopes will make it clearer that Java is Sun's product.
The Java Desktop includes the operating system, a browser, StarOffice, an email client and numerous third-party applications written in Java, Sun's popular programming language. The system is built to run on either Linux, an open source operating system, or Solaris, Sun's proprietary operating system. Java Desktop will begin shipping in December.
Commenting on the desktop initiative last month, when details of the package were less clear, Merrill Lynch analyst Steve Milunovich called the initiative "intriguing" and said that his own survey indicates that 40% of chief investment officers would consider Linux on the desktop. But "given limited resources ... this doesn't appear to be a battle Sun will win," he added. "Sure, it's a thorn in Microsoft's side, but will Sun make much money on it?"
Well aware that any assault on Microsoft's desktop franchise is likely to be greeted with even more than the usual dose of skepticism, Schwartz is quick to point out that the desktop initiative isn't likely to do very well in North America. "To put it bluntly, North America is the least price-sensitive market in the world," he said.
Translation: Microsoft is so well entrenched here even a much cheaper alternative won't entice all that many businesses to switch. But Asia, parts of Europe and South America are a different story, he said.
Sun is also considering a new pricing plan, called "per citizen," Schwartz said. The company is exploring this idea with agencies of foreign governments that want to deliver electronic services to their populace.
Martin Reynolds, a fellow with Gartner, an IT market research company, called the initiative interesting, but said piracy of Microsoft products in parts of Asia could be a fatal problem. "What's the difference how cheap the Java Desktop is when you can get Windows and Office, the standards, for free?" he wondered.
In another move to recast its line-up towards more low-end products, on Monday Sun announced a strategic alliance to use AMD's Opteron chips in its servers running on both Solaris and Linux. , hoping to tempt buyers with cheap prices.
Within the next calendar year, Sun will roll out two- and four-way powered servers , offering 64-bit Solaris in the first half of 2004 (customers can currently run Solaris on Opteron in 32-bit mode).
Bonnie, the answer is either hours, days or weeks, not months years or decades. Hope that helps.
Another very interesting PR from Sunw. Remember, Sunw introduced Wave to some of the Gorillas and is Wave's friend.
========================================
Press Release Source: Sun Microsystems, Inc.
Sun Introduces New Java Card Programs to Accelerate Worldwide Adoption of Smart Cards
Tuesday November 18, 12:01 am ET
Sun Extends Java Card Reach With New 'Java Card S' Program, Java Card 2.2.1 Specification and Development Kit, and Java Card Protection Profile PARIS, Cartes IT & Security (Hall 4, Stand 4M017), Nov. 18
PRNewswire-FirstCall/ -- Sun Microsystems (Nasdaq: SUNW - News) today announced new initiatives to accelerate the worldwide adoption of Java Card (TM) technology-based smart cards. Under the new "Java Card (TM) S" program, Sun is growing the market for Java Card technology, allowing Java Card licensees to incorporate the technology in an extended range of smart card products and
address a wider variety of smart card needs. Sun also announced that the Java Card Protection Profile, which reduces the time and complexity to complete security evaluations under Common Criteria, received final certification from La Direction Centrale de la Securite des Systemes d'Information (DCSSI), one of the most widely respected Common Criteria certification bodies. The new
Java Card 2.2.1 Platform Specification and Development Kit, which eases application development and provides enhancements to facilitate alignment with smart card industry standards, are also now available for download.
"Java Card products lead the industry for dynamic, secure, multi- application smart cards around the world. With the new initiatives announced today, Sun is further accelerating the smart card market by bringing the benefits of Java technology to a wider variety of smart card products," said Peter Cattaneo, director of Java Card Business, Sun Microsystems. "The new 'Java Card S' program allows Sun licensees to develop and produce cards using multi-application Java Card technology at a cost competitive to traditional proprietary fixed-function cards, greatly expanding opportunities in the smart card market."
The innovative new "Java Card S" program allows card issuers to purchase cards with a wide range of prices and capabilities while still leveraging the benefits of Java Card technology and using the same Java Card applets. This dramatically reduces the cost and complexity of application development, functional testing, security evaluation and application lifecycle maintenance for developers, card manufacturers and licensees.
"Sun Microsystems' 'Java Card S' initiative is a great step forward to drive smart card interoperability and further accelerate the market," said Henry Dreifus, CEO of Dreifus Associates. "Extending its common Java Card framework to enabling entry-level markets, Sun is further opening the industry toward any card, any reader, any time capability."
The new "Java Card S" program enables Java Card licensees to derive fixed function smart cards from existing Java card technology. "Java Card S" products have all the functionalities and security of standard Java Card smart cards except for dynamic post-issuance applet download capability. Java Card technology has set the standard for efficient and cost-effective application development, maintenance, testing, and performance of security evaluations.
With more than 400 million units deployed, Java Card technology is the platform of choice for powerful, multi-application smart cards in mobile telephony, financial services, government, healthcare, Enterprise ID and other markets. Enabling multiple applications to co-exist on a single card, Java Card technology is one of the best mechanisms of ensuring privacy, trust and security on the network. Organizations around the globe -- from the United States Department of Defense, the Bureau of National Health Insurance of Taiwan, to the Government of Belgium -- rely on Java Card technology for secure digital identity.
Java Card Protection Profile
Today, Sun also announced the Java Card Protection Profile has received final certification from DCSSI. The Java Card Protection Profile is now publicly available, and helps Java Card licensees to meet the increasing demand by banks, governments and other card issuers for security evaluations.
This Protection Profile provides a modular set of security requirements designed specifically for the characteristics of the Java Card platform. It reduces the time and cost for Java Card licensees to complete security evaluations under Common Criteria. The methodology used for the Java Card Protection Profile represents a breakthrough in the world of security evaluations, as it is specifically designed to accommodate the flexible, modular and open characteristics of Java Card technology.
"Trusted Logic is proud to witness the DCSSI certification of the Java Card Protection Profile, crowning months of development efforts with Sun Microsystems. With the Java Card Protection Profile, Sun Microsystems moves the state of the art one step further and paves the way for even more secure Java Card products," said Dominique Bolignano, President and CEO of Trusted Logic. "Trusted Logic has already anticipated this move and ensured compliance with the Java Card Protection Profile in the Common Criteria EAL7 evaluation of a generic implementation of Java Card technology."
Java Card 2.2.1 Platform Specification and Development Kit
The Java Card 2.2.1 Platform Specification and Java Card 2.2.1 Development Kit are now available. This is the latest release of the successful Java Card platform with enhancements to help smart card vendors, issuers and developers deploy secure and interoperable card services. It also delivers targeted enhancements to align Java Card technology with smart card industry standards including GlobalPlatform and ETSI/SCP. Java Card 2.2.1 is fully backward compatible with previous versions of Java Card technology.
This new release builds on the Java Card 2.2 Platform Specification, which provides a set of enhancements facilitating the design and deployment of innovative secure services using Java Card technology:
-- Advanced support for wireless standards -- Provides issuers with
access to more sophisticated and interoperable services through
logical channel support requested by standards organizations, such as
European Telecommunications Standards Institute (ETSI), Third
Generation Partner Project (3GPP) and Wireless Access Protocol (WAP).
-- Improved memory management -- Enables issuers to optimize use of
memory space on a smart card.
-- Easier design and development of applications -- Allows developers to
design applications more easily by enabling the use of Java technology
for both the card and terminal.
-- Improvements for compatibility -- Helps manufacturers ensure
compliance of implementations to provide issuers with flexibility and
choice in selecting interoperable smart card offerings.
-- Next-generation security enhancements -- Provides issuers with more
security options by supporting AES and Elliptic Curve cryptographic
algorithms.
-- Backward compatibility -- Java Card version 2.1 applications will run
on the Java Card technology version 2.2.1 platform without any
modifications, thereby ensuring a smooth transition for
scores of applications available today on millions of Java Card
technology-enabled smart cards.
For complete details on the Java Card 2.2.1 Platform Specification and Development Kit please visit http://java.sun.com/javacard
For more information on these new initiatives, please visit us at Hall 4, Stand 4M017.
About Sun Microsystems, Inc.
Since its inception in 1982, a singular vision -- "The Network Is The Computer" -- has propelled Sun Microsystems, Inc. to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com .
NOTE: Sun, Sun Microsystems, the Sun logo, Java, Java Card and The Network is the Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.
FOR MORE INFORMATION:
Rebecca Lui
Sun Microsystems, Inc.
+1 (408) 276-5292
rebecca.lui@sun.com
Noel Hartzell
Citigate Cunningham for Sun
+1 (415) 618-8739
nhartzell@citigatecunningham.com
Blue, June was ours but you will never understand that.
And please point me to my posts where I have said over and over again we are going to the moon.
On second thought I think I will take you up on your offer and ignore you for awhile. Let the other posters read you posts on and on and on. I can't take it anymore.
Will get back to in............................................
No need to reply unless you want the last word which I fortunately will not see or respond to.
Good luck Blue, your shares are going to appreciate whether you like it or not. LOL.
Blue, they don't operate with our best interest (the shareholders at heart)?
No comment, not worth it.
Interesting. Sunw up $.25 after hours. Sunw has been a long time friend of Wave. Is there a China connection here for Wave?
6:18PM Sun Microsystems and the China Standard Software Co. Partner Up (SUNW) 4.08 -0.02: -- Update -- Co. announces a far reaching agreement with the China Standard Software Co., Ltd. (CSSC) to establish Sun's Java Desktop System as the foundation for standard desktop development and deployment in the People's Republic of China (PRC). The CSSC is a consortium of Chinese technology companies supported by the Chinese government to produce a nationwide standard desktop software system to help bridge the digital divide among the nation's 1.3 billion citizens. The CSSC has selected Sun as its preferred technology partner to help reach this goal.
Blue, do you ever get tired re-reading your post for mistakes?
Umm, not a bad post for your first day. How long did you say you were lurking? How long have you owned the stock?
Inquiring minds want to know.
============================
Posted by: alrightalready
In reply to: None
Date:11/17/2003 8:21:20 PM
Post #of 18959
I'll admit it, I've been lurking on this board for quite a while and have never posted. So, please, someone humor me...why hasn't management at WAVX hired a savvy negotiator - someone who can really communicate? SKS is very talented but not necessarily in these areas, or so I have come to understand. Thanks for the insight.
Blue, you said: "Not once have I ever heard a 'Void advance the theory that something might be wrong with either our business model, our product, or the way mgt conducts business".
The reason you haven't heard that from the longs is because there is nothing wrong with either our business model, our product, or the way mgt conducts business. It is only in your mind that that is happening.
Wave has never been in the position it is in today, NEVER. And you will find that out soon enough.
Again, the oven is full of crow ready to be served this............................
I will fill in the blank very soon. Stay tuned
I hear there is a lot of crow in the oven, just waiting to be served sometime this,,,,,,,,,,,,,,,,,,,,,,,,,,,,
I don't particularly like Kramer from Kramer and Kudlow however, he is not stupid and he does make the right call sometimes.
He said last Friday that this week could be the last week of weakness for the market and that next week it will take off. FWIW.
mjan, if arbitrage is going on now there will be more supply than demand. Once the seller is finished the supply will be gone and normal supply & demand takes over. Right now it is slanted to the supply side if in fact arbitrage is going on.
Also, not all investors of a financing package may want to short against the box. Many may wish to go long on the prospects of the company and simply hold. So, if the figure is 10 million as you suggest, then maybe only 3-4-5 million will we shorted. All 10 million may not. Who knows? One way of knowing is when the supply begins to dry up and the price becomes steady at a certain level, like it appears to be doing now in the $2.10 area.
go-kitesurf, over the years I have seen SKS give us many 'hints' because he could not come right out and tell us something he was prohibited from telling us until a later date.
He once said, a few weeks ago, when someone asked him when we would get an announcement, he said less than 6 months and more than a week. We got an announcement the 8th day after he said that.
The fact that he talked about financing at the CC to be completed by years end tells me he is hinting to us again that the deal will be announced sooner than later. Just my take on things.
rachelelise knows more about business than I do, so I would go along with her figures.
D&O 7 millon shares or dollars?
D&O, I would guess we are within a dime, otherwise the price would be lower. If we level off here, it is probably done.
D&O I have no idea about the price however, if an investor is not in for the long term, and he has a built in profit of $ .10-.50 cents, he would be shorting against the box as soon as he knew he was part of the deal. I believe that is what is happening and as soon as the short term investor has shorted all his shares, the supply and demand will kick back in.
If there is a finacing deal of common stock, this will be very bullish for the stock, even with some dilution. It will say to the investment community that Wave was able to raise the cash and has enough to carry them through to revenues. I believe this could be their last trip to the pond, but I could be wrong.
new, you might want to listen to the CC call of last week to get your facts correct. If you are using this and other boards to make your decision to buy and sell you are in a lot of trouble.
You ask a lot of questions. I have one for you. Where did you hear this?
ootommy, I believe it is an arbitrage and will be over soon.
tampa, I see it the same way. The street will see this differently than the bashers.
A communication between a Wavoid and docutech.
-----Original Message-----
From: xxxxx
Sent: Monday, November 10, 2003 4:20 PM
To: docutechcorp.com
Subject: Progress with e-mortgagge alliance and Wave Systems
Dear Sir,
I am an investor in Wave Systems and am curious to learn how the 90th Annual MBA meeting went for Docutech. I am also curious about how much traction the e-mortgage alliance is gaining in the industry.
Would you please share with me any recent wins or cite trends you have seen.
Thanks,
----- Original Message -----
From: docutechcorp.com
To: 'xxxxxxx
Sent: Wednesday, November 12, 2003 4:20 PM
Subject: RE: Progress with e-mortgagge alliance and Wave Systems
Sorry it took me a few days to get back to you.
Regarding DocuTech - The one thing about docs is that everyone needs them since they are a required part of the process. We always set up meetings in advance so the main conferences like this are always booked up and a success.
Regarding the eMortgage Alliance, we established this at the start of the year knowing that this year was going to be dedicated to some basic missionary work to inform and educate the industry on two primary messages; 1) Just what are eMortgages and 2) That (like DocuTech and WAVE) real solutions do exist out there today and are ready to be implemented.
I do track what the primary industry publications write about when it comes to technology and we have received a lot of press regarding. Based on what the MBA has planned with MISMO and the believe our relationship is going to get closer to them, the trend is going to continue primarily because there really is not much else out there that holds as much promise as this initiative. Despite huge investments in technology, lenders have not really seen any improvement in operational efficiencies or costs. In fact, the cost of origination has actually gone up. Lenders know they have to find a better way to if not completely eliminate, then at least streamline their paper based processes.
2003 was dedicated to education, 2004 is going to be focused on and dedicated to implementation. FYI I have included an updated collateral we created for the show. Please don't hesitate to call me if you have any questions or just want to further validate things.
DocuTech Corporation
eMortgage Solutions
---------------------
P.S. from Snackman
On page 7 & 8 of the pdf file you can see Wave. For some reason I can't cut & paste the pdf file. If someone knows how to get it to work with a correct link, here it is: eMortgageAllianceBookletFIN.pdf.
When the finally chapter is written on this stock and this community, the one that will stand out for it's success is UncleverName. A great big thank you from this community.
mbledug you said: "Could it be that the recent downward price movement (no, not only after the CC), has something to do with people who are participating in the next financing who want to keep WAVX under/around a certain price as the price for the financing depends on the average price over a certain time frame"?
It is my opinion that this is exactly what is happening. SKS said that they hope to have financing done by year end. It takes time to do the paper work and line up the investors. Once the deal is struck then the investors know the strike price of their investment and can short against the box before the deal is announced. That is what I believe happened this week. We should know all about this deal shortly. (could be a day or it could be 6 weeks).
I don't believe they will want it to happen between Christmas and New Year there therefore it has to happen in 5 weeks or less.
eamonnshute unless you see the paper work from the stock house, anyone can say anything they want to. Just because he said he sold, at the time the price hit, does not make it so.
But who cares anyway. He is here with an agenda in my opinion, so all should beware.
SPIN, FWIW, I believe this to be true. I think we will know very very soon.
You said: "FWIW i don't buy the financier arb theory -- the UPC short restriction would make that a cumbersome effort. maybe it could be done w/put options"...?
Without put options by the way.
Dj, best post you ever posted. LOL Welcome aboard.
eamonnshute, remember, we only have Larry's "word" that he sold at $2.71. It's amazing how traders always say the sold at the top and bought at the bottom. And he is the one that did not want to reveal his "personal" holdings. And here he is dropping his trousers and showing us all what he did. Rightttt.
And he is the one that printed a personal e-mail I sent him.
And you believe this guy?
new wave,
Agree 100% You said: "If there is imminent financing then the market action today was probably from new investors shorting to arbitrage their positions. I wouldn't characterize it simply as a "market reaction to impending dilution".
oknpv sounds like you are going to get at least one: FINANCING.