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Toro, I believe Q2 will come out between August 5th through 15th or there about.
I believe TPMs are about to hit a tipping point. Not many knew what a TPM was a year ago or even six months ago, but that has all changed. It seems there is more press about TPMs then ever, at this point in time.
All the demos, that some like to belittle, have paid off handsomely for Wave. You will see how handsomely in the next 2-4 quarters. It's gonna be awesome.
It was eight years ago, between SHM for me, and I couldn't have picked a better one to go to. I had planned to go a few months ago because I wanted to "celebrate" the future. I believe that future has finally come.
If we get the one or two major accounts, that SKS hopes we will get in the next 30-45 days, followed up by the Trusted Computing Conference, I stand by my $10 in 2010 or higher possibility.
SKS feels pretty good that about 30 million is in the bag for 2010. He is looking for that other 10 million from a couple of new major accounts. He seems very hopeful that it will happen.
Where Wave is now if phenomenal. We are just about break even, money in the bank and NO DEBT. No more dilution to keep the doors open, but the possibility remains that there could be another private placement to expand the business, or buy a key company like N'Able. If a PP went through for either of those scenarios, it would be very positive, not negative.
For all the turtles that have stuck with this investment, we are across the road now, and into the sea. The ocean is ours.
First mover is good.
Here is the way I see it.
The last time everyone told me the number shares they owned it was about 27 million shares. Let's assume that number is about 30 million now, or even higher.
With today's volume of 11 million, and the 30 million, that comes to about 41 million shares.
With about 78 million shares outstanding, the float has to be less than 50%.
Just my take
That is correct. eom
I would sure like to know where 6 million shares came from.
4,326,418 at 16:00:10 EOM
4.32 million shared just traded. Crazy
Full page ad in the Los Angeles Times: DELL HAS ARRIVED AT FRY'S ELECTRONICS!!
We could have 2-3 major accounts in the fold in the next 30-45 days as per SKS at the SHM in N.Y. on Tuesday
VC, that's what I wanted to know too.
Posted by: Snackman Member Level Date: Wednesday, June 23, 2010 6:47:45 PM
My question is where did these 190,000 shares come from? Who was the seller, and why were they able to get these shares without any movement in the stock price?
We are definitely being capped here. There are 7800 on the ask at $3.50. We just traded about 6500 shares at $3.50 and the same 7800 on the ask did not change.
They want your shares, don't give them to them.
You're right, except it's a LIFE sentence.
Look how far we have come since December 31, 2009.
Wave is now in a growth pattern that will last for a long time I hope.
Mig, first of all the HAP conference is now the Trusted Computing Conference, where Wave is deeply involved in the agenda.
As to a double digit share price, where you won't worry or watch it as much, that ain't gonna happen. You are deeply woven into the success or failure of this company and I believe you will never stop watching and wondering when it's going to hit the plateau, be it $20,$30 $40 or whatever. You are here for life.
This stock is different. I have NEVER held a stock for 13-14 years, NEVER.
We believe in this company, and management, or we would not be on this tread, or invested in the stock.
We haven't seen nothin yet!!
SKS says this is important to Wave for upgrades.
Windows 7 Sells 7 Copies Every Second
by: Erick Schonfeld June 24, 2010
The Windows operating system upgrade cycle is in full swing. Microsoft (MSFT) has sold 150 million copies of Windows 7 since it launched last October. That comes to 7 copies every second.
Windows 7 is by far the “fastest selling operating system in history,” according to Microsoft. But, in case you are wondering, those Windows 7 launch parties had little to do with it (although they were fun). Most of the demand is being driven by enterprises, many of which sat out Windows Vista because of the financial crisis and, well, it sucked (no, it wasn’t the pirates’ fault). Microsoft estimates that 75 percent of enterprises are currently evaluating Windows 7. Any guesses on how fast we get to 300 million copies sold?
MDB CAPITAL GROUP LLC
Seeing Value Others Do Not, Creating Value Others Can Not.
Wave Systems Corp. (WAVX: $3.43) New Initiation Rated: Buy Price Target: $6.00
Wave Systems: Personal Computing Security Ready and Waiting
As a leading developer of security solutions, Wave Systems' software manages the hardware-based digital security functionality designed into Trusted Platform Modules (TPMs), a security chip that is now standard on nearly all business class PCs. To date more than 350 million PCs and laptops have been shipped with a TPM (and associated encryption key) on the motherboard. Wave’s software suite supports the use of this chip and key, allowing for a host of hardware-based security functions such as multifunction authentication. The company also markets software that manages Self Encrypting Hard Drives creating a secure environment for storing and using critical electronic information. With the escalating consumer and legal costs associated with data breaches, enterprises are looking for more effective solutions to secure high-value electronic information. We believe that Wave’s EMBASSY® suite of products provides an excellent, easy to use solution to meet this need. Wave's product adoption and revenue growth is being driven by:
.....the growing number of data breaches and associated costs along with legislation in more than forty states requiring companies to notify the public of security breaches involving personal information;
.....a growing roster of highly regarded client/partner relationships including Dell, Acer, Mazda, Lufthansa, Raytheon, Boston Medical and Toshiba;
.....the expanding awareness of the Trusted Platform Module’s security capabilities driven by influential organizations such as the National Security Agency and by Wave's support for the TPM chip with its EMBASSY® software suite; and
.....the expanding client list and increasing size of enterprise contracts including a recent $5.7 million multi-year software license with a global U.S. automaker and a recent expansion of the company's relationship with Hewlett Packard.
The company’s suite of security software and data protection products is now installed in more than 60 million products and is gaining traction with OEM industry leaders. With Wave's expanding market presence and ramping revenues, we believe the company has the potential to deliver revenues of $30 million in 2010 and more than $45 million in 2011. We believe that the current share price is not reflective of this earnings potential and therefore we are initiating coverage of Wave Systems Corp. with a BUY rating and a 12 month target price of $6.00 per share.
adjida, I believe the "t" just refers to a trade after hours but I could be wrong.
Player, thanks for the response
OT IBM Wins Smart Chip Contract
http://www.informationweek.com/news/security/client/showArticle.jhtml?articleID=225701179&subSection=News
I'm not disagreeing, I just want to know where the stock is coming from. Anyone know?
Player, what happened here?
My question is where did these 190,000 shares come from? Who was the seller, and why were they able to get these shares without any movement in the stock price?
We may get a couple more upgrades in the next 30-45 days and September could be a defining moment. Hang in there.
Growth is happening as we speak.
Mig, relax. You have no idea how high this stock can and will go. It's going to happen.
Wave is in a growth pattern that will last quite awhile in my opinion.
I agree. I may have to change "June is ours" to "September is ours".
Thanks for the kind words.
HP introduces enterprise-class all-in-one PC
http://www.istockanalyst.com/article/viewiStockNews/articleid/4237891
Businesses also can rely on remote PC access for secure hardware and software image stability through Intel standard manageability. Customers receive security benefits with face recognition for HP ProtectTools software with auto-login capabilities and the TPM 1.2-compliant embedded security chip. Internal intrusion monitoring sensors and optional HP security locks and cables help protect PCs from theft, added HP.
VC, I think all he was trying to do was make a point. He could of said the would stop all research for a year and then would be able to show a profit. Talking about employees was the easiest way for us to see money that would not be spent, hence a profit.
We missed you and Awk.
I want to clarify what I said about SKS's confidence yesterday. He was not up there trying to "sell the deal" or trying to sell us on the fact that "maybe" Wave will grow in the future.
His whole demeanor was: We are a company that has good people, good patents and a "plan to get it done".
Wave is in a MAJOR growth pattern now, and you will see that in the following quarters.
Out of the dozen or so times I have been with SKS, I have never seen him more confident than I saw him today.
We are now a real company, with real growth, happening quarter to quarter, from here on out.
I think you are going to see a couple of major accounts join up in the next 30-45 days, if they can close the deals.
He's looking for that last 10 million dollars worth of business to fulfill this years 40 million dollar quest.
Just thought of something else.
Jerry Feeny also said that if Wave just wanted to show a profit, they could let 20 people go and they would show a profit. He did not think showing a profit was as important of developing software for Dell two years from now.
I questioned him about what some are saying as to having Wave re do it's contract with Dell. He said this is a non started because Dell can give Wave a 30 day notice that they are not going to continue bundling Wave's software anymore, and that would be the end of it.
He said they are very strong with Dell and it's not going to happen. Dell and Wave are in for the long haul.
My take on some of the things that I heard today.
Wave has a STRONG leading team and STRONG patents.
Wave is leading the field in applying industry leading standards.
How many companies can say the have sold 65 million pieces of software?
Wave has a clear plan, and clear direction, where they want to take this company.
SKS was asked about competition. He said anyone coming in right now would need 75 million dollars a year and that it would take them 18-24 months to get where we are right now. That would mean an investment of at least 150 million. And guess who is first mover in this space? One more thing: Wave is the only company in this space that is close to breaking even, no one else is even close.
The big three Auto maker is taking calls from accounts Wave is trying to close. Everything is going great with the Big three automaker, and they are very happy with the progress to date. He believes they will help us close other potentially big deals.
Wave has the right technology at the right time.
Q2 should see growth over Q1.
Wave should be able to run the company with cash on hand. They want to keep the cash balances around 4 million. The need to raise more capitol is not needed right now.
A could of things could change this: A technology that Wave would like to buy could be one reason to raise capitol, or a need to hire a lot of people, in a very short time, could be another. There is no need to raise capitol now to keep the doors open.
In a side conversation with Jerry Feeney we discussed small business with 100 employees or less. Jerry suggested that we sell them the upgrade at $39.00 with maintenance fees of $39.00 a year, every year. This could be a great source of reoccurring revenues.
Also, the HAP conference coming up in September, which has now been changed to the Trusted Computing conference, Wave was involved with more than 50% of the agenda in setting up this conference. I think a surprise or two could come out of this conference.
No bundling agreement with HP yet, however, we are getting business from them, and their sales people are being trained regarding Wave's software.
Acer's business is growing.
I am sure others will add to what they took away from the meeting.
All in all as Wave has the right Tech at the right time, I believe we are invested in the right stock at the right time.
One more thing about capitol: If we had gone to the debt marked a couple of years ago, the banks would own Wave right now.
If we were to close a couple of very big deals right now, our position has changed where we could take those contracts to the bank if needed.
The fact that Wave have NO DEBT, is a very big plus in the growth
Wave is expecting over the next few quarters.
svenm, regarding your 40 million revenue figure for the year, SKS said that 30 million is probably in the bag and the other 10 million will come from closing a couple major accounts. 2-3 can happen in the next 30-45 days. He seemed very confident about this.
AWK, You said
As we have heard lately, "encryption" doesn't mean a hoot if an enterprise can not prove that encryption has not been disabled. Wave calls it the "audit trail".
This point was made again and again today. I will add a few more things after I see what else was posted
Will try to report right after dinner. EOM
Out of the top ten IT service stocks, WAVE's year to date is #2 in percentage increase for the year (145.07%). Most of the others have a negative increase for the year.
I was going to the post office and I heard this commercial from Quicken Loans (https://www.quickenloans.com/) about doing your mortgage on line with E-signature.
Looks like mortgages on line are a thing of the future. Good for Wave.
I believe Hitachi was announced at a SHM. EOM
It's been six months and we are due for some good news.
With the low average daily volume the past two weeks, any news will be trouble for the shorts out there.
In the last two weeks we have blown through the 10 day moving average, the 20 day moving average and are now with in two cents of the 50 day moving average. Nice.
Dell Steps Into Gaming Service
Zacks Equity Research, On Thursday June 17, 2010, 10:16 am
Having secured a leading position in healthcare services with the U.S. healthcare reform deal, the Round Rock, Texas-based PC maker Dell Inc. (NasdaqGS: DELL - News) recently announced its venture into the gaming industry. Dell partnered Palo Alto, Calif.-based OnLive Inc. to develop cloud-based gaming services.Founded in 2009, OnLive Inc. became one of the pioneers of instant-play video gaming services.
The new cloud-based service deploys Dell’s GPU-powered server to offer customers on-demand games that can be played in real time through the server. It is expected that the online real time playing of games will eliminate the need for newer and more sophisticated PCs and game consoles such as Microsoft Corp’s (NasdaqGS: MSFT - News) Xbox, Sony Corp’s (NYSE: SNE - News) Playstation or Nintendo’s WiiWhile the companies appear to be optimistic about the online real time game playing, only time will tell whether they actually deliver the required speed and consistency that could result in a satisfactory playing experience.
If successful, the cost effectiveness attached to the gameservice will attract other large players from the industry, which could bring additional technological partnerships.
But this is not good news for Microsoft or Sony, both of which recently showcased new 3D gaming devices. While Sony’s device uses a hand-held control, Microsoft’s device uses gestures. Both devices are currently expected to drive video game sales in the seasonally stronger second half of the year.
According to PriceWaterhouseCoopers, the overall spending on games may rise to $20.7 billion by 2014, from $15.1 billion in 2009. Dell could grow into one of the key beneficiaries of this spending, opening up a new growth opportunity.
Other initiatives include Dell’s focus on healthcare, where contract wins have been pretty consistent. Recently, Dell was selected by the U.S. government for setting up exchange programs aimed at setting up a health reform system.
Dell reported first-quarter revenues of $14.9 billion, up 21% year over year and almost flat compared to the previous quarter. Revenue growth was due to strength across all business segments, with highest growth in the Large Enterprise segment, which is again attributable to robust growth in server revenues.
Though the potential IT spending, market share gains in the healthcare industry and high growth forecast for the PC industry are positives for Dell, we remain concerned about the competition from Hewlett-Packard Co. (NYSE: HPQ - News), Apple Inc. (NasdaqGS: AAPL - News), International Business Machines Corp. (NYSE: IBM - News) and Microsoft Corp., as well as the company’s high debt level.
http://finance.yahoo.com/news/Dell-Steps-Into-Gaming-zacks-288052201.html?x=0&.v=1
Security is front and center now. Our time is coming very fast.
U.S. vulnerable to cyber threats, experts warn
By Pam Benson, CNN National Security Producer
June 17, 2010 1:45 a.m. EDT
Washington (CNN) -- On the face of it, the disastrous oil spill in the Gulf of Mexico and the growing threat of a disabling cyber attack would seem to have little in common. But experts have warned Congress that the inability of government and industry to prevent or respond to a cyber threat could be equally disastrous.
A critical report from the Department of Homeland Security's inspector general released Wednesday concluded the agency responsible for protecting civilian computer and information networks was seriously understaffed and did not have the authority to order government agencies to protect their systems.
Former DHS official Stewart Baker told the House Homeland Security Committee that the BP oil spill should be a valuable lesson to those developing cyber-security strategy.
"If we knew how bad things were, how many corners were cut before the oil spill, we would have demanded action on part of industry as well as the government. We know we face exactly that kind of crisis in the context of cyber security," said Baker.
Rep. Jane Harman said it might even be worse. "We could have a broken network or networks, spewing tens of thousands of bits of information on critical infrastructure, national security and mission critical data, financial and personal data, etc. It could be as devastating or more devastating than the environmental catastrophe that's unfolding on our TV sets," said the Democrat from California
The number of cyber intrusions is growing dramatically. According to a Government Accounting Office analysis, the number of security incidents reported by federal agencies increased more than 400 percent between 2006 and 2009.
There were 278,000 indications of malicious activity per month targeting the civilian government cyber networks, DHS Assistant Secretary Gregory Schaffer told the committee.
The U.S. Computer Emergency Readiness Team (US-CERT) is the agency within DHS responsible for coordinating the government's efforts to defend against and respond to cyber attacks against the government's non-military systems.
Inspector General Richard Skinner said US-CERT does not have the authority to enforce its recommendations to federal agencies, impeding the government's ability to move forward on cyber security.
"Until they have that authority or until they have mechanisms in place to ensure that compliance in fact is taking place, we're going to continue to experience problems," said Skinner.
Schaffer acknowledged DHS does not have the authority to require a department or agency to correct a cyber vulnerability but when pressed by several lawmakers to identify what powers DHS needed, Schaffer would only say the administration is looking at the problem and did not have a position yet on specific authorities.
The inspector general's report criticized US-CERT for not being sufficiently staffed to carry out its mission. The agency is authorized to have 98 positions, but only 55 have been filled and 25 people are awaiting security clearances.
Committee Chairman Bennie Thompson, D-Mississippi, wanted to know why it will take two years to hire 80 people. Schaffer explained it is a difficult task because of competition within government and private industry for a very limited pool of highly skilled people.
"These people are not easily found," said Schaffer.
The inspector general's report also cited another problem at US-CERT, the lack of sustained leadership. In the past five years, there have been four directors.
Another area of concern cited by the inspector general is the use of Einstein, an intrusion detection software program developed by US-CERT and used to monitor federal computer networks. Skinner said only 21 agencies have Einstein installed in their infrastructure.
"We need to put pressure on federal partners to start taking cyber security a lot more seriously and start using the tools we've developed to help them secure their networks, communication systems and computers," said the inspector general.
Committee Chairman Thompson wanted to know what could be done about complaints from federal agencies that DHS was not sharing enough of the data collected from Einstein concerning possible security breaches.
Skinner said that is a complicated problem because a lot of the information is raw data and agencies may not have the capability to analyze it. Assistant Secretary Schaffer said DHS has a plan to expand the amount of information it shares with others, but it has to be done in a way that doesn't violate classification rules.
Schaffer also agreed with Skinner that the high volume of raw data needs to be processed by highly skilled personnel who can analyze it and turn it into executable action.
Skinner said US-CERT has made a lot of progress in implementing a cyber-security program, specifically citing information-sharing with the public and private sectors and increasing the skills and expertise of its staff. But he said a lot more needs to be done.
"The train has left the station. We are now chasing the problem instead of being ahead of it," said Skinner.
Several Homeland Security Committee members on both sides of the aisle thought the bill introduced last week by Sens. Joseph Lieberman of Connecticut, an independent who caucuses with the Democrats, and Susan Collins, R-Maine, would go a long way in getting the cyber security effort on track.
That bill calls for a permanent White House cyber security coordinator, creates a National Center for Cybersecurity and Communications within DHS to lead federal efforts to protect government and private networks, and gives the president emergency powers to protect systems under attack.
http://www.cnn.com/2010/US/06/16/cyber.threats.report/index.html?hpt=C2
Yes it is. EOM