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Thanks Boom & Jaybeaux EOM
TVTonic/SP2,
has anyones else had problems running TVTonic after installing SP2?
wheretoturn,
I guess you're right, find another investment!!! I think you should contact all of the companies who have joined the TCG and tell them they can stop, lol.
John
Wheretoturn,
you are talking about one area of trusted computing -- there is much more. I suggest you visit the wave website to learn about some of the other enabling capabilities of trusted computing. What Wave is offering is just the tip of the iceberg. Trusted services will initially be focused on the enterprise space, but will quickly convert to enabling new services to the consumer.
Beyond that, I don't know anyone who has been robbed, but I still lock my doors.
John
Armp,
You say, “my company's business plan calls for spending millions and then earning billions, all in the space of about 5 years.” Do you mind me asking what company you are with?
I can be reached at jmpjomar2@aol.com
John
Ramsey,
there are a lot of smart people on this board and a few not so smart ones. Most of us will feel a little smarter when the share price is north of $1.00 again, lol.
Kev,
you have posted what they have done wrong, what do you think they have done right? You are obviously intrigued enough to post on the subject, out of curiousity, what keeps you here? I'm here because I think Wave has been smart enough to reposition itself and align with the solution that is going to be on every pc.
New markets/technologies are more difficult than I think most realize. In most aspects, it's much easier to run or start a company in a niche that has been already created; pricing has been established, concepts have been proven, and there is a general familiarity in the market.
Wave on the other hand, is selling services through a new piece of hardware that 99% of the population has no idea exists. What will people pay for it? What is the best way to charge for it? How do you get people familiar with the hardware, let alone the services? There is a lot more to consider when you blaze a new trail, imo.
John
Armp,
my post did not contain flaws about confusing value with earnings. If creating value ultimately fails to create earnings, your definition of value is different than mine.
Nonetheless, I did not place judgement on Wave management either way; there have been successes and failures. Out of curiousity, how do you judge the success/failure of Wave management?
John
Nov 4th,
a follow up. I personally have no issue with people airing complaints. I too have complained. However, I don't know that it accomplishes much other than being cathartic.
John
Nov. 4th,
Magdelina may have hinted at something before, but hinting will not get you very far, imo. Complaining does not accomplish much either, imo.
I know Wave has done certain things very well. That's why I am an investor. However, there are certain things that have not been done very well. I don't have enough facts to measure how those two weigh out.
It's difficult to measure managment compentency and success in a company that is not earning. Earnings are tangible and measurable. Progress is not as tangible or measurable. As an investor, I am very encouraged about the evolution of trusted computing into something that's tangible and measurable. I am also very encouraged by Wave's value add proposition to trusted computing. In the same light, I was extremely discouraged by our funding and the fact that we have been riding close to the edge; I don't like it. Something good, something bad.
With regard to compensation, what are reasonable benchmarks of success for management? In my company, if we don't hit target earnings, bonuses are not paid. What are reasonable benchmarks of progress for Wave? As investors, we do not have complete pictures and we count on the compensation philosophy of the company to ensure reasonable benchmarks are set.
If handsome bonuses have been paid and Wave ends up failing before earning, those bonuses will not have been earned. If Wave succeeds and bonuses were not paid during years of great progress that is not fair either, imo.
The point of my post is this; there will be a lot of unknowns until we start making money or we go out of business. I believe we will make money and have held my position. There are two productive things you can do when you are unhappy with your ownership in a public company. Sell your shares or create change. Creating change cannot be done passively.
I have felt that it would be a great to get a strong member of this community on the BOD. I don't think the barriers to achieving that are insurmountable. However, as I have stated, creating change is not a passive exercise. Someone would need to do a lot of selling on why that would be a good thing.
John
Nov 4th,
I'll get back to you with a post tonight with a post. I am right. I'm off for a walk and picnic with the family.
John
Nov 4th,
I disagree. This board and the shares directly and indirectly behind it represent a massive amount of shares. This board has not been as influential as it could be, imo.
John
There's too much doom and gloom around here. Wave made a stupid choice on raising capital. However, it's done and it will hopefully take us to a higher price point. I agree with those that say revenues will be < 100,000 for the quarter. Remember, Wave chose to raise money in advance of quarterly numbers.
John
bowWAVE ot,
this board has been represented by both positive and negative views. There has been and will be incredible work done by the posteres of this board.
Let's hope that we are all rewarded from all that has been unearthed here. Let's also hope that managment makes the correct business decision to go along with great vision that they have had. Investors are happier when visionaries generate returns!:)
John
A question to all,
how many millions of shares do you think are represented on this board (IHUB), directly and indirectly?
John
Barge,
"What the heck did ANY of today's posters expect?". We expected management to make better decisions with regard to our cash position. Wave never had to be in the position of raising cash righ now.
There was an opportunity to raise more money at 1.90 and there was no reason not to jump at that opportunity. Even if we had earth shattering news in the pipleline, we should have taken the guaranteed money to lengthen the runway. A few points:
1.) If there was earth shattering news in the pipeline that brought us to $10.00 a share, I doubt anyone would have frowned at managment for choosing to raise more money at 1.90
2.) Companies don't go out of business from having too much money
3.) I cannot believe it's great for employee morale to be in constant need of cash
4.) You don't raise money when you absolutely need it. Leverage is created when you don't need something.
5.) I as a shareholder do not like the fact that the company is short cash when they should be marketing our product and spending to improve it
6.) The mistake of raising money and counting on news flow has been made in the past. It appears we learned nothing about raising money and that is contrary to what we've been told
7.) I will maintain my position, but there has got to be better managment accountability as this round of funding did not sit well with me
Vader,
they had an opportunity in November to secure additional working capital at 1.90. Shareholders should not been exposed to this risk; it was not necessary.
John
A couple of points:
1.) I thought it was stupid when we did not raise more money at 1.90 and I let management know at that time. There would have been nothing to convince me otherwise.
2.) Whoever is making decisions with regard to funding our operations should not be making those types of decisions in the future.
3.) It sounds like this placement was done with a singular investor
4.) I am not interested in selling any shares.
5.) See number 1!
6.) See number 2!
FYI -- All,
I can no longer send private messages, but can be reached at jmpjomar2@aol.com
John
Doma,
very nice. TVTonic with the right content protection is a killer appplication. It's a store that resides on your pc or set top box. You determine the inventory the store carries, you control the store hours, and you can you can purchase what ever you want and have instant usage.
John
I really think everyone one should look at the Wave website and more specifically the products, solutions and TAP. Make no mistake about it, Wave currently is the TCG. Wave is creating the capability for ISVs to create TCG applications. Wave is creating the utility services to administer TPMs. Wave is also currently only one of two companies that I know that has TPM services.
Obviously Wave has created the CSP and TAP to help generate demand for TPMs. Obviously Wave has also created some products and “solutions” that take advantage of TPMs. Services and the value that they bring to a TPM owner are what will ultimately drive demand for adoption of TPMs. While price points are great, I am not going to pay a penny more for a product that brings me no return.
This board has been relatively quiet about these enabling capabilities of TPMs. I bring this up for a couple of a couple of reasons. First, I have been diligently trying to get a better understanding of this myself. I want to know why my enterprise would want to use a TPM. If I can understand that and I believe in it, I feel a lot more comfortable in my investment. Second, I think we are finally seeing Wave communicate their stuff in a manner that is consistent with reality rather than theory and this is a very good sign, imo. Third, I think many on this board could use some more detailed discussion around the enabling capabilities of TPM as a useful tool to get a better sense of their investment. If owned GM when they were a car company, one very useful gage of gaining comfort as an investor would be to look at their pipeline.
I think we are going to start to hear more “simple English” explanations about the enabling capabilities of TPMs and I think Wave is starting to attempt to communicate in this manner as well. This is important and will hopefully create some more pull as Wave and the TCG push things forward.
John
Gokite,
it's a very powerful application. If you look at the at the additional commerce capabilites, it's even more powerful. Hopefully TPM's start moving soon, because I think TVTonic will obviously become more powerful when incorporating a TPM. It will also dramatically increase the likelihood of Wave working with some stronger content partners to really create some of great value in the consumer space.
Boom ot, thanks.
John
Goingup ot, I was doing the same thing in the background as I was reading your post. You're right it is the tip of the ice berg. With the right content we will be jamming. Do you know what type of agreements may have had to be in place to get some of the videos that they are broadcasting?
John
goingup ot,
how do you use media player with tvtonic? Also, is there a shortcut from the menu button to get to the service? I have a little icon in the bottom right corner of my pc, but it only launches yesvision.
John
Have a lot of people on the boards tried tvtonic? I just downloaded it the other day...it's a very cool application and we should be selling the heck out of it. I was clicking through a couple of the music videos from Rawdio and on one of them there was a link to Amazon to purchase the CD. Hopefully, in the future there would be the capability of buying a digital copy through tvtonic or another distibutor.
John
A presentation from the advanced access content system group:
http://www.aacsla.com/AACS_Brief_CPTWG_v2.pdf
I have not seen this before:
http://www.wave.com/alliances/trustallianceprogram.html
I have not seen this before:
http://www.wave.com/alliances/trustallianceprogram.html
Does this mean Wave's CSP could produce NCSCB compatible software?
May 5, 2004 -- Microsoft has explained NGSCB's inner workings this way: The two foundations of NGSCB were designed to be the Trusted Platform Module on the hardware side, and the Trusted Operating Root (or "nexus") on the software side. The nexus was to be the kernel of an isolated software stack that was designed to run inside the standard Windows environment. The nexus was slated to provide a set of APIs that would enable sealed storage and other foundations for trusted-computing.
But up until this week, Microsoft had said that only applications that were designed from the ground-up to be nexus-aware would be able to take advantage of these features.
John
A question to the board:
Below is an excerpt from the article on May 5th that speaks of Microsoft's reworking of NGSCB to make it easier to take advantage of NCSCB. On June 30th, Wave released its CSP kit, which makes it easy to rewrite current applications to take advantage of trusted computing. One type of rewrite has to happen specific to NCGSB?
May 5, 2004
Juarez acknowledged that Microsoft is reworking its NGSCB technologies to enable independent software vendors and customers with a way to allow their existing applications to take advantage of NGSCB without having to rewrite them. He said that customers to whom Microsoft has shown early versions of NGSCB requested this change. He added that Microsoft will provide more details on how it plans to do this some time later this year.
Lee, MA – June 30, 2004 – Addressing the need for independent software vendors to more productively deal with the trusted computing market, Wave Systems Corp. (NASDAQ: WAVX – www.wave.com) today announced the availability of a Cryptographic Service Provider (CSP) that provides access to Trusted Computing Group (TCG)-compliant PC platforms.
Wave Systems offers a free TCG-Enabled Cryptographic Service Provider (CSP) developer's kit which allows developers to easily enable their applications to utilize the enhanced hardware-based security of a Trusted Platform.
John
Eamonnshute,
hopefully Wave is capable of raising money above the previous placement price of 1.90. I voiced my displeasure with management about not raising more capital at 1.90 and there was concern about additional dilution at that price. Nonetheless, I agree with you that there is no real concern about capital; it is just the price that it takes to get it.
I have added shares over the last couple of days. I am more intrigued than ever about Wave's prospect for success. They are ready to deal with real customers at this point and have products and solutions that are very promising. Anytime you can do things more inexpensively, more securely and make something easier to manage, you have a great opportunity to sell something.
John
Awk,
astute observation. Kind of strange, eh?
John
Ramsey, well said, EOM.
Is identity protection a new Wave service?
As identity theft and unauthorized access reaches unprecedented levels, businesses and consumers are devising stronger means to safeguard personal identities. In addition to protecting paper records revealing identities, the greater vulnerability lies with electronic identities.
Digital certificates are commonly used as proof of identity for access to networks, data and services. The keys tied to certificates are also the basis for digital signatures. Theft of a digital certificate allows substantial opportunity to commit crimes of fraud and unauthorized access. Fraud or forgery using a stolen digital signature is not easy to prove. Further, since a digital certificate could be stolen by making a copy of it, it could take the owner some time to realize a theft had occurred. Therefore, it is extremely important to provide the best possible security around the storage and use of digital certificates. Using Trusted Computing standards for Hardware-protected digital certificates provides a safeguard against theft.
Customers interested in deploying digital certificates as identity credentials or signing tools often touch on the following requirements:
The certificate must be properly secured, preferably through a dedicated piece of security hardware.
Access to the certificate must be controlled by the use of strong and flexible authentication.
It must be possible to customize authentication policy for different users and groups of users.
It must be possible to back up and migrate the certificate (and its keys), but it must also be possible to restrict who can do this and under what circumstances.
For identity protection and any application that is configured to use digital certificates, Wave has enterprise solutions for hardware-based digital certificates and managing the backup and restoration of those certificates and keys. For more information, contact us by email at sales@wavesys.com or by phone at (413) 243-1600.
John
Wave's VPN solution:
Wave's secured VPN access solution easily works in conjunction with the top VPN solutions and also uses the same basic technology for the other Trusted Computing solutions. The result is a significantly reduced cost of entry and ownership and an easier to manage VPN and security environment. If you are investigating lower cost alternatives for secure access to your corporate VPN, contact us by email at sales@wavesys.com or by phone at (413) 243-1600.
More secure and reduction of cost? That seems pretty intriguing.
John
boom and goinup,
thanks for the input. Boom -- zero content?
Awk,
you're right one should thinks so. I am surprised that there has not been more dialogue on the board with regard to this. These are going to be real offerings that very much broaden the capabilities of TPMs and solve real world issues.
John
Goingup,
no I have not. I am a dial up user at home, so I do not meet the requirements. Otherwise, I would have tried it by now. I have however given the assignment of reviewing YesVision to one of my employees who is native New Yorker and a big Yanks, lol. I am surprised I have not heard more from the board on YesVision. Please let the board know what you think of it.
The funny thing is, broadband specific applications like Wavexpress will ultimtely convert me to broadband.
John
You guys should hook up to help present TVTonic's Cartoon Cow capability, lol.