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Snackman....why would
"defeating the proxy there is a great danger of hurting the chances for the next pp" ???
The PP is possible through the A/S and the new shelf. What has the option plan to do with the PP?
TIA and BR
ISPRO
HP----Protect Tools ISV solutions
Lorem ipsum dolor
17-3-2007
http://search.hp.com/query.html?charset=iso-8859-1&la=en&hpvc=sitewide&qs=&nh=10&...
This is the old HP-ISV site but the date has changed.
Not sure what it means and it looks like they´ll touch this page in the near future, since they used a placeholder "Lorem ipsum dolor " on 3/17/2007.
FWIW
BR
ISPRO
To all.......
having read all posts over the last few days, I´m pleased to see WAVX in the top ranking of IHUB again, as I´m pleased to see many NO votes. We HAVE to send a SIGNAL to management. PLEASE make your vote, since we can´t be sure that those voting NO here will vote at all.
Since me English is too bad to understand the following sentences of the PROXY, I´m not sure if abstention have no effect.
"Abstentions with regard to the election of the nominees for director will be excluded entirely from the vote and will have no effect on the outcome. Abstentions with regard to the amendments to the 1994 Employee Stock Option Plan and the 1994 Non-Employee Directors Plan will be treated as shares of Common Stock that are present and entitled to vote for purposes of determining the number of shares of Common Stock present and entitled to vote with respect to those particular matters, but will not be counted as a vote in favor of such matter. Accordingly, an abstention from voting on either of those matters will have the same legal effect as a vote against such matter."
TIA for any help here!
IMO Wavx is on it´s way to success, no doubt about it, and we should come back to our normal DD. Nevertheless we cant let management pass with ALL things they WANT.
Thanx to Snack for your efforts and the survey and to all for expressing their opinions!
For me, I´ll go back to business as usual, since I made my decision on 4/19/2007 and never changed it.
http://www.investorshub.com/boards/read_msg.asp?message_id=18930349
I hope we all will prosper with our WAVX holdings in the near term.
Have a nice day all
BR
ISPRO
Cosign....LOL, I´ve NO idea, as ALWAYS!
BR
ISPRO
Cosign....because it´s easier and without risk to have options and buy, when the SP is at ten, just in the case of...
Why buy when you have the same result WITHOUT risk?
BR
ISPRO
Eamon.....your da man! I would grant you a few million options at about 2bucks strike!LOL
Have a nice day...
BR
ISPRO
GoKite, WVXMSTr.........don´t underestimate the quality and quantity of posters voting NO. Most of us have stated what side of the fence they are.
No more posts on that subject, don´t mean we´ve changed our opinion. NO is NO, end of story!
There are a few who were influenced by reading this boards and SKS statements, but there are always some who make their decision after thinking over the story...
If I were Wave I would hire some WAVOIDs as salesmen, perhaps we would be in the double figures million rev range!LOL
BR
ISPRO
KeV....now thats, hmmmm, REALLY "cool".LOL
Obviously you´re right on RTFPXY!
BR
ISPRO
But Barge..............I´m sure you don´t want SKS to have more shares than you!LOL
Nice to see you posting again.
BR
ISPRO
TG.....sorry to step in here, but I don´t understand your posts on this matter. Be happy that the CEO of the company where you are invested talks to his investors.
BR
ISPRO
WOW.....if that is true and you know I believe you, then HATS OFF!
Thanx
BR
ISPRO
Thanx Snack for your efforts! It really important for the community that SKS knows that we are NOT pleased with this numbers.
BR
ISPRO
TC....I would not say NOTHING at all. But if we trust our great distribution channels and stay invested, the management should believe in their quality too.
Guess we´ll have to wait and see, as usuall. But for me, thats the last year.....for SURE
BR
ISPRO
Mundo....let´s assume we hold about 25% of the float. Further lets say the institution will also vote against (what I really doubt) we have not reached 50%.
I´m sure it´s a done deal, since there are many shareholder who don´t care and vote for or don´t vote at all, which means for the proposal. What I want to express to management is a REASONABLE NO percentage to this. Further I know that they need SOME MILLIONS options to issue, but not that much.
a 90% YES would give them a "WE CAN DO ALL WHAT WE WANT" ticket and I´m not happy with anything similar to this.
The decision is not easy but some of us HAVE to say NO!
BR
ISPRO
With this discussion.................
we should NOT forget one thing:
Wave is on its way to success, no options will change this. It´s a BAD sign from management, but it doesn´t change the future of the NEW security standard. No need to mention our sales channels once more, but we know it looks good for Wave.
We have to send a STRONG signal to management, to confirm that they can´t do EVERTHING what they want. Thats the ONLY issue with the options. Selling shares wouldn´t be the right thing right now, since we´d lose our voting power and the stock is about to rise IMVHO.
I´ll hold strong but I would appreciate a CLEAR NO at this time...
BR
ISPRO
Options.........
Most of us think that Wave will become cashflow positive this year. IF this "option plan" is made considering that we´ll get to BE this year, then WHY this HUGE amount of options in general and per employee per year. I wondered about the time, for me it was wrong, but assuming that there a no more options left, I would say, the time is right. Having said this, I still believe that the amount are way TOO HIGH. Wave mngmt can ask for about 12M, 200K per person per year and ask once again in 3 years. That would change NOTHING except TWO things:
1. If mngmt assumes the SP will rise in the next few months due to increasing revenues, WHY should they ask for 500K options per year? It´s all about the money and 166K at a SP of about 10 would be enough compensation or bonuses IMO. Do your own math on this, if you want a million bucks a year how many shares do you need at what SP?
2. Assuming a higher SP in the future, options in the 6M range would satisfy needs for attracting new employees or holding them onboard for years. WHY do we need additional 15M, right NOW?
A higher SP would cause LESS dilution so think about generating revs to come to BE, NOT about anything other.
No need to say where I am on this....
BR
ISPRO
Preacherman....nobody will tell you to sell and be sure I´m 100% with you on this!
Make money FIRST and then think about how to divide the income.
BR
ISPRO
Cosign.......We sold about 1.5M licenses in Q4 and SKS mentioned that Wave sold 1.5M in the first 45 days in Q1. So I´m expecting 1.2M from Dell alone.
Every figure BELOW 1.2M for Q1 would be horrible, since we can´t trust SKS anymore!
BR
ISPRO
Orda....don´t think so. What we have seen is NOT a sign for bad numbers, since the SHM is AFTER the Q1 CC. BTW nobody would execute the options IF the SP is below their option price.
All in all I think mgmt believes in a rising SP (thats the good thing) and they want to get more options at a premium price, which could be converted at any time. They have NO risk since they don´t have to execute if the price is above the SP but they are able to do it anytime they want if their price is below the SP. And THATS the REALLY BAD thing.
BR
ISPRO
Cosign....I would think so. If there is no impact on harddrives, why should there be one for the flash portions.
BR
ISPRO
AWK...EXACTLY my thoughts and concerns!
NO confirmed!LOL
BR
ISPRO
Cosign......IMO the encryption process has nothing to do with the technology of storing data. Encryption happens in the controller built in the HDD. It doesn´t matter if it´s a flash memory or a harddisc.
The advantage of Flash memory is the fast access to the data. Over the last years we´ve developed HDDs with 10 to 20 fold of the capacity, but the speed how fast the discs spin around hasn´t changed. So the issue is the SLOW access to data. Thats why flash memory got it´s place in the storage world.
I see ALL storage device encrypted via HW encryption in the next years.....
BR
ISPRO
Snackman....ME, since my exit point is at 50bucks and it takes longer to get there cause there are a FEW million shares more to sell before!LOL
BR
ISPRO
Snackman...with all respect, but
EVERY single option granted or
EVERY single diluted (issued) share
WILL reduce SP acceleration since there are more WILLING sellers. It has nothing to do with WHEN, cause IMO everyone of US has other exit points. The more exit points, the less SP acceleration, IMO
BR
ISPRO
cygnuscap ......speaking of hedge funds you may be right for the year 2005 and at the beginning of 2006. Remember the first financing at market sometimes in may 2006 if I remember correctly. Additionally IMO your statement about shorting prior to the PP by the participants is plain WRONG.
(rachel, warbil)...
Anyway the issue of raising the employees options by factor 3 CONCERNS me ALOT! Perhaps Wave forgot NOT to split adjust like the A/S and make the correction of this MISTAKE now...
A really concerned
ISPRO
Just in the case, you don´t visit AB anymore...
Battletime again?
Reading the disussion about (the lack of) ETS sales and the different opinions why it is what it is and what things could change that, I want to add a few things.
First I´ve to say that I´m in no one camp, but I tend to some of Gokite and Domas explanations, since I had a similar issue years ago in my software business.
1. Everybody can count on it, that expected sales will NEVER occur earlier than expected. It´s always the same, the timeline is pushed back in 90% of the cases.
2. Small companies like Wave can´t push a market, they have to wait until the market develops.
3. Regarding products, we should not compare apples with oranges: THIS is a NEW paradigm! ETS as a stand alone product WILL be sold WITH and WITHOUT ETDM and it takes time for all companies to get their products out, but espacially for those who drive a NEW technology in the market.
4. Don´t count too much on FDEs. This is just one of our products and FDEs will not accelerate our ETS, ETDM sales! Imagine a company with 20k seats, I would say about 1K will need FDEs, unless it´s a company with a reasonable sales staff with notebooks, like insurance companies, where the figures are the other way around.
5. In pushing back goalposts, I´m with Alea. We shouldn´t get blinded by the opportunities lying in front of us! There comes a time WHEN we have to execute!
6. Competition will come and it will come much ealier than we all can imagine, so we have to execute 2007 and not 2008, since in 2008 most of the companies have learned, that TPMs and TPM related software is the Way of the future.
7. For the ongoing discussion, a 20k seat sales would change everything!HUH, are we sure? 1, 2, 3, 4 sales in this size or 100k? NO, the FIRST sale, regardless what size WILL (and HAS) proof the SALEABILITY of ETS!
Have a good day all
BR
ISPRO
BTW, I hate stars, but I love responses! WHY, cause stars are given for at least two purposes, IMO. To tell the sympathy for the poster (and content), who posted the message OR the antipathy against the other disagreeing poster (or group of).
OKNPV, SNOBOY...thanx, just typing on my kb, while this boring slog continues.....
BR
ISPRO
OKNPV...wish I had your brain...
BR
ISPRO
PL...now you know one....
BR
ISPRO
http://www.investorcalendar.com/IC/ClientPage.asp?ID=115228&CID=
just running...
BR
ISPRO
Ramsey...right on, here it is: (really old)
http://h20331.www2.hp.com/Hpsub/cache/292227-0-0-225-121.html
BR
ISPRO
Doma...thanx for the info.
It would have been easier if the user followed the upgrade instructions...
http://www.wave.com/vista_upgrade_info/index.html
BR
ISPRO
Ramsey...absolute correct.
And here is the Manual
http://h20000.www2.hp.com/bc/docs/support/SupportManual/c00765832/c00765832.pdf?jumpid=reg_R1002_USE...
page 19
"Platforms containing a TPM require both a TCG Software Stack (TSS) and embedded security software.
All models provide the TSS; embedded security software must be purchased separately for some
models. For those models, an NTRU TSS is provided to support customer third-party purchase of
embedded security software. We recommend third-party solutions such as Wave Embassy Trust Suite."
BR
ISPRO
Ramsey....as said before, IF they wanted to or were forced to, they would already have done it. Wouldn´t it be easier for IFX to maintain an exsisting relationship with BRCM instead of trying to build a new one after BRCM licensed NTRU?
IFX is IFX nothing more and nothing less, they are a SILICON manufacturer, we should not forget this.
BR
ISPRO
Blue Fin....yes, including VAT.
Hewlett Packard
SKU : 943NLW0 Herst.-Nr.RG984AA EAN
Gruppe : Zubehör - Personal Computer - Sicherheitszubehör
Bezeichnung:
HP TPM SOFTWARE PROTECT TOOLS - 1 LIZENZ F/ HP PC
HEK: 16,20 excl. VAT
This is from INGRAM
BR
ISPRO
Ramsey...be sure, IF they wanted to run on NTRUI TSS, they would have it done BEFORE their Vista release. On BRCM machines there is NO TSS at all installed whether NRTU nor IFX.
BR
ISPRO
Micro...you got me wrong about this issue. I´m following HP quite close on their TPM support not to satisfy my needs but to follow their development in this space. IF Wave gets HP, we will not talk about an SP under 100! Thats the only thing I´m interested in.
Re: my purchase, since we are a software development company, I´ve only about a dozent customers to support with hardware and guess what, I buy what fullfills both, my research on HP and the customers needs.
In the HP BIOS you have to do two steps (as Doma said):
1. Activate the Embedded subsystem support
2. After that you can activate the TPM
On XP machines the TPM installes automatically through a preinstalled TPM driver installation routine.
On Vista, the drivers are integrated in the OS
So for Bitlocker, you´ll ONLY have to find the TPM in the BIOS and turn it on.
BR
ISPRO
HP - BRCM - IFX - VISTA - XP
Well, following the HP-TPM issue, I bought several HP machines last week. A mix of notebooks, desktops with Vista and XP operating systems. What shall I say....SAME OLD, SAME OLD.
The NX6325 notebook (IFX TPM) with XP, comes preinstalled WITH HP Protect Tools, activated TPM and the complete HP Suite but WITHOUT a Protect Tools CD/DVD in the package.
The DC5700 desktop (BRCM TPM) with XP, comes WITHOUT ANY TPM software or driver preinstalled and with DEACTIVATED TPM and OF COURSE WITHOUT a Protect Tools CD/DVD.
The DC5750 desktop (BRCM TPM) with VISTA, comes WITHOUT ANY TPM software or driver preinstalled and with DEACTIVATED TPM and OF COURSE WITHOUT a Protect Tools CD/DVD.
So IF the Protect Tools run on BRCM TPMs, WHY should HP ship these machines WITHOUT the software installed and a deactivated TPM?
Sure we could assume that HP only activates the TPMs on notebooks..RIGHT?
But WHY is the DC7700 desktop (IFX TPM) shipped WITH preinstalled HP Protect Tools, activated TPM and of course WITHOUT the CD/DVD?
We thought that with the new IFX 3.0 TPM software package things have changed, but thats WRONG even the NEW DC5750 Vista machines have NO software preinstalled!
Since I knew that no ressource CDs are shipped with the BRCM machines I thought I´ll take the CDs shipped with the IFX machines to test the SW on the BRCMs. But guess what....I bought 10 machines and got NOT one CD!LOL
I contacted HP and asked for the HP Portect Tools CD to be able to install the suite on the BRCM machines and was told, that I have to BUY the software for about 19 EUR at Ingram or at HP!
When I asked SKS at Cebit, if the HP Protect Tools would run on BRCM TPMs, he answered, he doesn´t know, but he means that, since they had a relationship with the BRCM 1.1b TPM, the software should run on BRCM TPMs. Further he told me IFX has reduced the functionality in their 3.0 Vista compatible package.
Let me say THIS...IMVHO
HP has TWO major problems....
1. They have NO server sided TPM management and adimistration TOOLS to handle MIXED environments (NOT even HP mixed)
2. IMO HP Protect TOOLS DON´T RUN on BRCM equipped clients (DC5700, DC5750, DC7600, all XW*400 series)
As long as TPMs are flying under the radar HP has NO reason to change their strategy, but what WHEN their customers ask for TPM enabled infrastructure or WHEN HP is FORCED to install Trusted Drives?
Have a nice week all...
BR
ISPRO
Doma...Secude?!
Why drop Secude, if they have nothing to drop?
BR
ISPRO
Micro....Hitachi has their OWN software development division.
Since this is an open standard, everyone can programm the FDE management utility (Trend). I don´t see Wave involved in this!
BR
ISPRO