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Awk: Thanks. Are you and Doma on the same page? In my confusion, it appears you are saying it will take up some of the CPU's time and possibly slow down the operation.
Doma gave me an answer in technicalese I couldn't understand, but which appeared to say just the opposite. Are you proficient enough to say which it is?
Either the techies are going to have to teach us their mystical language, or we will have to teach them English.
Best to you, Awk--Bluefang
Doma: I have sent your post to the UAUOAFM (the Ultra Alphabet Unscrambler of Acronym-Filled Messages). When it comes back translated into English, I'll get back to you.
In the meantime, NAOUAATPAY (Not all of us are as technically proficient as yourself).
But even before your post comes back from the AUAT (Acronym Unscrambler and Translator), it appears the answer to my simple question was that the Wave technology (Infineon chip, not a Wave chip) is constructed in such a way that it does not slow things down. Have I grasped the basic concept, even though I used the wrong language?
Perhaps many of us non-techies are baffled by the process. We may envision some sort of encryption/decryption process going on that would at least have to pass through the CPU and that that might take a nano-second or two. Is this incorrect?
You have exposed my complete lack of understanding about the technical aspects of Wave and I stand naked and humble before you nimble SOTAJ (Slingers of the Alphabetic Jargon).
Thank you for correcting my misuse of the terminology in my pursuit of some simple and rather basic answers. As always, your greater knowledge of the technology and the lingo is appreciated, even if it is not always understood. (Picture Blue nodding vigorously, if not comprehendingly. in assent to the rapid fire of streaming alphabits richocheting off his being).
In true wonderment and in blue haze--the Fanged One.
A few days ago, someone posted an interesting question: Does the Wave technology slow down the CPU significantly, or at all?
Did we ever get an answer to that one?
To frame the question in the proper perspective, go back to the early days of computers and security. Back then security was mainly for the benefit of software makers, not end users.
Products whose security was cumbersome and slowed down the operation of the software--generally fell behind in the marketplace.
Dear DooWopGuy told me about a situation at a financial firm where there was security on top of security that made getting any work done, difficult. And the ironic bottom line was, there was a hole big enough to drive an 18-wheeler through that was discovered quite by accident.
What does this have to do with Wave? Back to the original unanswered question.
The question posed was a good one. If the Wave chip slows things down, even a bit, people are likely to turn it off or not use it.
Does anyone on this board actually have an Intel board with Wave on it and is using it everyday? If so, could they report their experiences, whether good or bad?
Thanks in advance--Blue
Rachelelise: That is very good news indeed. Thanks for your input on the Intel situation.
Of course I realize the difference between the Haup card that required customers to open their computers to install, and the presence of Wave on the Intel motherboard--no comparison. I mentioned it only because the Haup experience was another of what I viewed as a false start, in that we thought we were on our way.
Intel in no way can be compared to the Haup experience. No question, we are now playing in the big leagues.
I am a little curious about your opinion that Wave is considered very important to Intel's success. I sure hope that is true, but on what do you base that statement?
As for slow progress--I can happily wait now that an actual product is shipping, and shipping not on some sideshow brand, but on the center ring brand.
Thanks again for your thoughts.
Best wishes--Blue
Mjan: Thanks . Without putting too much emphasis on what is a but a scrap of intelligence, it sure sounds positive. But could have been 'voids ordering them up.
A few years back, when the Haup boards with Wave aboard first came out, I bought two at about $169 each, if memory serves. The 'voids in this area cleaned out the CompUSA inventory in a day or two. We thought it was the start of the tsunami, when we were recording our own little ripples.
Thank you for your contribution. Every little bit helps.
If you have the time and inclination, might you call them back in a few days and casually ask them when the new stock might arrive and will they arrive in sufficient numbers?
It is interesting to note that Intel is limiting the number to each distributor too. I wonder if that relates to cautiousness about a new product, a production problem or some other factor?
With all of us Wave spies stationed around the Globe, we may be able to ascertain what is going on, way before the numbers start to come in.
Didn't see any of it posted, but there were a number of stories today about MS patching more security holes, MS feeling pain in the bottom line because of security failures, security risks in storage, security this and security that. It is sure in the public eye and ear these days. We ought to be selling.
Thanks again for your contribution.
Best wishes--Bluefang
mjan112: Was there any mention during your conversation what kind of inventory they had in stock, if you feel you can share that? TIA---Blue
Uptick in volume today--not a lot, but a little. Could be in response to tepid PR. Could be the very first stirrings of the flash of recognition of Wave's technology by the first users who have bought the Intel mobo. Could be coincidence. Could be the full moon... Something to watch to see if it continues.
In the past days, volume has kind of slid downwards a little at the time. Today it was up not a lot in terms of absolute numbers, but quite a bit in terms of percentage of past days.
This is exactly what I'm looking for as some sort of indirect signal that our technology is being bought, used and validated by legitimate buyers, not just Wavoids.
It is encouraging at first blush to hear the anecdotal stories of "selling out" but only if we knew what the inventory was. If it consisted of one mobo, it doesn't mean much. Hard to interpret these first few grains of intelligence filtering back. Anyone want to take a stab at guesstimating what it means?
Always hoping to spot the dislodged snowball's first few rolls downhill, before it becomes an avalanche.
Listening, looking, sniffing and parsing---Bluefang
Greg: I certainly meant the welcome to be cordial. If I was less than cordial, please forgive me, no slight was intended at all. This is an interesting place to come now and again.
If you have the time and the inclination, you might bone up a little on Wave and see what has kept some of us waiting for glory for more than 10 years. For myself, it has only been seven years.
What is in it for you? You might examine the Wave technology and see if you think we have a future. Most of us here do. And there are some pretty heavyweight techies here who can probably keep up with you in that department.
Again welcome and please try to overlook any bad manners shown you. We may have gotten off on the wrong foot, but we can certainly carry on from here in a pleasant manner.
Bluefang
Mag: For some reason, I thought I had welcomed him and tried to entice him to buy some Wave and learn about us in the process. Maybe it was the part about him discussing Intel here, that had me saying he might be more comfortable elsewhere.
Like you, I do not believe owning Wave is a necessary condition to participating in our discussion, and like you, I believe if someone has something to contribute, he/she should be welcomed. I was not trying to drive him off. As an outsider myself, I would not in any way try to discourage any other outsiders from joining in.
For me, that post was real cordiality. Greg is missing some of the warm fuzziness as you pointed out, but then, so are many of us.
I think he took offense when Weby (uncharacteristically)slapped him for showing off his knowledge of Intel/hyperthreading.
I agree about needing people like Greg. He is a little sharp-edged, but then so are some of us (g). His little animated cartoon of a sharpshooter, at the bottom of his posts says a lot about how he views himself. But, hey, I learned something.
So, like it or not, we remain in agreement with most things Wave. I hope that doesn't make you too uncomfortable or too unpopular here.
Blue
Greg: I'm grateful enough for what you brought--we just wish you could be more relevant to the Wave board.
Always nice to get an education and there was no griping from this quarter. But here, we discuss Wave. Intel is in our news and on our radars, because one of its motherboards is carrying the Wave technology.
If you can add to our discussion, please join in. Otherwise, you might find a better reception on one of the Intel boards.
With your superior technical background and savy, you might find something you like about Wave and buy a few shares. One of the things that might intrigue you is, what Wave has and no other does.
Care to inquire further?
Best wishes and thanks for the explanation and education on multi-threading---Bluefang
Greg: OT--an interesting article appeared in a video magazine that tested the Intel top of the line processor with HT and tried to see if the hyper threading actually contributed to speed of image processing.
Incredibly, what they found, was the programs like Adobe Premiere (video editing software) ran faster with HT turned off!
Video processing is all number crunching and is CPU intensive.
I run a 3.06G Intel processor with HT and have no idea if the HT is speeding things up or slowing them down. It is plenty fast for what I need, though.
Fascinating reading, that HT and SMT. But Weby was right. If you could relate it to Wave, it would be infinitely more interesting.
Best--Bluefang
Larry: That is an excellent question. Hope someone raises it at the CC.
Best--BF
Precious: One hopes Wave mgt has much bigger fish to fry at the moment than read chat boards.
But first, to past history: SKS was an infrequent poster on RB and he publicly gave credit to the boards for keeping Wave afloat about three or four years ago.
Now, to the present: your comment that a few people control this board and mgt feels it is slanted--I have been one of the most persistent critics, the most virulent and occasionally vituperative poster about what I thought Wave's mistakes were and most of those posts still stand. A few were deleted--not because of the content, but because I violated the rules and attacked another poster.
I have repeatedly made fun of mgt and Snackman, lampooned mistakes, ridiculed what I thought were bad moves and most of it is still available to be read.
There certainly is a tone of optimism here, but I am living proof the other side is tolerated on this board. You may not be popular and you may feel the fangs and claws of the Wave loyalists in your nether regions, but if you stay within the rules, I believe fair commentary and discussion are most certainly tolerated.
Civility is required, but dissent and contrarian views are in no way stifled. Otherwise, I'd be elsewhere (probably to great applause from the loyalists). And might I add, that even some of those who have disagreed with me fiercely, have spoken up in favor of my being allowed to continue here.
So you may criticize this board for many things, but it is not fair to characterize this board as intolerant, IMO. I have always gotten a fair hearing, even with some truly outrageous posts.
Bluefang
Larry: Actually, I'd go one step farther than that. The chip may be selling, but I'd want to know how the users think it is working.
Some of the computer/software/hardware industries' early security products sold, but no one wanted to use them because they were unwieldy.
So my first question to Wave would have two parts: is it selling and if so, what are the comments of those who have bought it and are/have used it?
Best, Blue
Scorpio & Weby: My explanation of Intel's Hyperthreading may have been simpler still: The CPU splits the problem into two halves and attacks them simultaneously--allegedly more quickly than attacking the problem sequentially.
Some have questioned the value of HT (hyper threading) as more hype than anything else. Not sure that it would be a factor to Wave. If both halves of the problem were trusted, it seems logical the solution would also be trusted. I suspect the HT goes on after the encryption/attestation process, but am no techie for sure.
Best--Blue
Larry: Here would be my three questions.
(1) Are you getting comments favorable or unfavorable on the early adopters of the Intel Mo-board?
(2) What is happening with FINREAD? Are they still in trials and how does Wave fit in?
(3) What is the status of Global Wave?
P.S. I know #2 is a multi-part question
Best--Blue
E: You are so right. I did not want to list 9/11, because it was so obviously one of those X factor things no one could have predicted. But in fact, as terrible as that day was, it has helped lead to the present climate where security is finally valued.
Remember Shakespeare: "It's an ill wind that profits no one."
__________
Re: subtle sarcasm--no, it wasn't subtle at all--I was being sarcastic. Hard to believe, no?
Eamonn: It was a minor incident, back in the late 90's. Because of the outage, our PR didn't get out until way late, thus it did not get the play it should have. By the time the outage was fixed, it was old news and the media went on to other things. I can't recall now if it was HWP or some other big news.
It was just one incident in a string of things we used to think was uncommonly bad luck.
But I didn't miss your subtle sarcasm, in case you were wondering.
Blue
Trust: hard to tell isn't it? Sometimes I don't know, myself. Yes, I am positive--but very wary, given our history.
It seems as if we ought to be making progress. But until buyers start buying the product, I'm not going to be a-counting too many unhatched chickens.
What about you? What's your take on where we are and where we seem to be going or not going? Do you find the lack of volume disconcerting?
Blue
Spin: I thought your post was most thoughtful. I take serious issue with those here who think our future is guaranteed. I wish it were. I also wish there was a legitimate buzz in security and computing circles about our product.
To me, the decrease in volume is mildly disturbing, although I remain optimistic about our long term chances.
But there is a home-run mentality that has possessed this board and most of the 'voids since I came aboard in '96.
I think many of us, myself certainly included, thought and may still think Wave is going to make us all rich.
Reality and validation is going to come soon enough after all these years of waiting.
Those who say our success is assured can be forgiven for their optimism. There are plenty of convincing arguments on both sides of the aisle about why we will or will not succeed. But pretty soon, it will be the sales figures or lack of same doing all the talking.
It certainly looks as if the stars are aligned: the market has come around to value security; we have a flexible product that is shipping; and there is little, if any competition in terms of what we offer. But that said, the X factor always seems to haunt Wave. For example: on the day of one of our biggest PR's (years ago) a solar flare knocked out one of the main satellites and our news did not get out.
Personally, I think it will take a lot more than a solar storm to knock us out of the box this time, but I sure wish people were buying.
Best to all--Bluefang
Spin: While I certainly share your disdain for the past overly optimistic PR's from Wave and agree the fall-out from that practice haunts us still--Wave Express is a completely different animal.
IMO, WXP was a forward-looking technology that was about to join forces with digital broadcasting as it came into being nationwide. But Geocast, one of the first movers in the datacasting field got croaked, partially because they were so far ahead of the pack and partially because they got caught up in the tech crash.
When Geocast went south, many in the space said a Hail Mary and virtually the whole sector went dormant. Hundreds of millions were lost in this fiasco.
Something else happened too. The FCC had mandated a date for all TV stations to be digital broadcast and it just was not happening, for a variety of reasons. There were lawsuits over the standards not being right; there were format wars; and there were huge costs for the broadcasters who were not sure there would be a payoff for all those millions they had to put up in cold cash. (They are still not sure).
To make a long story short, digital broadcasts are spotty, infrequent and are not nationwide by any means. Some network programming is digital, but most is still analog. Many local stations are straddling the line--by taking an analog signal (with a 4:3 ratio) and manipulating it, by stretching it into a 16:9 ratio image and broadcasting that on their allotted digital channels.
For a TV station to have true digital, they have to buy new cameras (think $40K@ up) new edit rooms, (think $100K@ up), new playback machines (big bucks!) in short, replacing all the equipment they have now. Many stations have just transitioned from BetaSP to DVCam or a like format, investing all that money in new equipment. There are likely to wait before doing it all over again, especially in a time of declining market share and revenues and increasing competition.
So where does Wave fit into all of this? If the digital channels are not there on which to ride, there is no data casting.
The latest date I have heard for mandatory switching (no more analog TV) is 2010 and no guarantee that date will be met. If another better technology comes along, there could certainly be even more delays.
The bottom line is, what happened in the data casting field was not Wave's fault in the least. They were poised, and I assume, still are for whenever this thing lumbers forward in whatever direction. My guess would be somewhere closer to 2008 or even later.
Let me ask you a question. How many of us have the new digital high def. TV receivers at between $2K and $10K? Not many that I know of. It's coming, but very slowly, IMO.
There is also a shift away from VHS to DVD and hard drive digital recording, so that may affect broadcasters too. One quick reason is no one will watch the commericals, if they don't have to. They can zap them.
In my mind, the future of TV is video on demand--no more free TV. It will be like i-Tunes, Music Match, etc. You want a program, you call it up and it is sent to your machine and you are billed for it, a la carte. News programs are a different animal, of course.
I think Wave's best shot is the current bet--security and Trusted Computing and all that that portends. Datacasting could be gravy, but IMO, it is very futuristic gravy.
Blue
MaynardG: Welcome to the Wave community. There is a steep learning curve and unscrambling the alphabet acronyms is taxing.
Your suggestion for some plain English explanations is an excellent one.
Might you tell us what brought you to Wave? What were the factors that made you decide to invest? You certainly do not have to answer, of course.
Here you will find people with a deep knowledge of all things Wave, some optimists, some pessimists, some unabashed loyalists and some loyal bashers. Look and listen to the debate, ask questions and eventually you will understand our hopes for this company. Those who have the knowledge are exceptionally generous in sharing. There are truly some first rate minds on this board.
Best wishes to you--Bluefang
Orda: It might be a good strategy, if it were only Wave. But there are too many gorillas on board the Trust train and besides, times have changed, as have attitudes towards MS and security. They are usually not mentioned in the same sentence, unless it is a joke.
Best--Blue
Orda: Here is an interesting article on how lack of security is hurting MS's bottom line. Mr. Softie may be forced to come Wave's way sooner, than later. Blue
Microsoft Security Flaws Threaten Business
Fri Nov 7, 2:03 PM ET
Add Technology - AP to My Yahoo!
By HELEN JUNG, AP Business Writer
SEATTLE - Microsoft Corp.'s offer this week of cash bounties for informants who help it collar virus-writers reflects more than just an escalation of the war on those who would exploit the dominant power in software.
The campaign reveals just how much of a threat to Microsoft's bottom line security flaws now represent.
When the Blaster worm hobbled hundreds of thousands of computers around the world in August — only the latest plague to exploit a flaw in Windows operating systems — it also hurt Microsoft's ability to book new contracts with corporate customers.
For the first time, it seemed, flaws in Microsoft's software were translating into flaws in the company's business model.
"It's now starting to move from being a problem that they used to hear anecdotally to a problem they can now measure the impact of," said Michael Cherry, an analyst with Directions on Microsoft, an independent research firm.
The cost of patching up Windows computers, for instance, is diverting money from tech budgets that might otherwise have been earmarked for new software contracts, he said.
In its latest quarterly results, Microsoft said revenue from multiyear contracts dropped $768 million from the previous quarter. The drop in so-called "deferred revenue" — money received for contracts that will be counted toward its earnings over time — was about $450 million lower than the company anticipated.
Some of that was due to overly optimistic projections, said chief financial officer John Connors. But another reason, he said, was that Microsoft's sales people were so busy helping corporate clients shore up their networks that they could not close new deals.
Even before the Blaster attack, security was gnawing at Microsoft's stature. It had been cited among the reasons that various government agencies in the United States and abroad have become more serious about adopting alternatives such as the open-source Linux (news - web sites) operating system.
Security, simply put, is beginning to play a larger role in decisions about what software companies buy.
Boscov's department stores are in the process of switching from Microsoft software on many of its servers to Linux-based offerings provided by IBM Corp. Harry Roberts, chief information officer for Boscov's, a regional chain based in Reading, Pa., said cost was by far the biggest reason.
But the company also had been hit hard by the Nimda worm in 2001, causing about $50,000 in staff time to repair damage to the network, he said. "We do have a bad taste in our mouth."
Analysts say Microsoft's software is targeted most by hackers and virus writers because it is so prevalent. But that's of little consolation to customers angry about the persistent security concerns.
"When enterprises have these big problems, they're very leery," said John Pescatore, vice president for Internet security at the Gartner consulting firm. That wariness could prompt companies to delay software upgrades from every third to every fourth year, for example, a threat for Microsoft. "That's what kills software companies," he said.
After the Blaster attack, Microsoft issued bulletins for another five critical flaws in versions of Windows. And it was not the only Microsoft-centric Internet plague this year. The Slammer worm severely clogged online traffic in January.
Pescatore likened the recent problems to the situation two years ago, when the Code Red and Nimda viruses exploited flaws in Microsoft software. The network pain produced by the twin scourges prompted Microsoft Chairman Bill Gates (news - web sites) in January 2002 to identify security as the company's top priority.
Among the recent steps Microsoft has taken to improve security is its announcement that it will have a free update to its flagship Windows XP (news - web sites) desktop operating system next year. The improvements are to include disabling certain features that can allow hacker break-ins. The upgrade, or service pack, will also include an improved firewall.
As it adjusts, the challenge for Microsoft has been to alter its mind-set — from an emphasis on winning new customers to the need to satisfy its now-huge existing customer base, said Joe Wilcox, an analyst with Jupiter Research.
"Microsoft needs to sit back and kind of rethink how to operate in more of a maintenance market," Wilcox said. "And what that really means is that customer satisfaction has to be the number one priority."
Amen! eom
JesseLivermore: Hello. You axed me. Pole axed me. Had any of that good BBQ of late? I miss it dearly.
Best to you, my friend. What is your take on the current turn of events? You posted you thought we had bottomed out. How do you view this Intel biz and our prospects going forward?
Does the slow slip-sliding bother you?
Blue
Gak: Hyperthreading is a way the CPU splits a problem into two and deals with it simultaneously, allegedly faster than sequentially.
But a top video magazine tested the HT (hyper threading) and said the CPU intense video processing actually went faster if HT were turned off.
I am running a 3.06G Pentium with HT right now and it seems plenty fast. I do some image processing and it is really fast.
Hope this helps--Blue
Crusher: You are simply wrong. Microsoft is under investigation both here and in Europe for criminal misuse of its monopolistic powers. They have savaged, brass knuckled and macheted their competitors mercilessly.
Most of this came out during the trial. Not many who have any sway at all, are interesting in letting them fully regain the reins of unprecedented power they once had.
MS is under assault by Linux, Wave, the state of Mass., the EU, Asian companies who want a non-MS OS, Apple, and virtually the entire security community, not to mention numerous lawsuits against it. There is palpable distaste for its business practices and security flaws and many companies (and governments) are voting with their feet.
MS is still powerful, but the best they can do with Palladium is perhaps a year and a half off, perhaps as much as two. Wave is the first mover in this space and even MS, with all its power, may have no control over Wave's future. MS had its chance and muffed it.
MS has a security plan and blueprint; we have a product entering the marketplace. MS is known, if not defined by the security flaws. Wave is known for just the opposite.
You may see Wave as tiny and powerless. That is not an accurate view. The relationships with Intel, HWP, IBM and others collectively, outgun MS.
No doubt, MS will try to come in and swipe the space from under our feet--but if they plan to do so, they are already behind schedule and it is doubtful IMO they could ever catch up.
When MS talks about security, given its record, the business world chuckles quietly and dismissively into their hands. BS talks; product walks.
Bluefang
To All Contrarians and Dissidents: As perhaps the resident Grinch, I just want to say this board has been extremely tolerant of contrary opinions. Someone today suggested otherwise. It is not the case at all.
That is not to say the pit bulls don't attack in defense of Wave--they do, sometimes en masse.
However, that said, this board has been remarkable in allowing wildly unpopular opinions, wrong conclusions, faulty premises, criticism of mgt and the like. It's not quite a democracy, but it sure is close.
That CPA, myself, HhH and many others are still posting here is testimony to the wide range of discussion allowed.
Civility is required and personal attacks are not allowed. There is little more this contrarian could ask for.
Bravo for this board!
Bluefang
Weby: Good reply. The only issue I see, is that Wave has cried wolf in the past, so this time when it is real, its cries may not be heeded. You mixed your metaphors in there, but I still got the message.
What you had to say about the competition's difficulties was the best part.
Re: Going to see the Wiz--bad metaphor again, my dear Weby. Remember what Dot & friends thought was behind the curtain, and what was actually behind the curtain. Don't think you meant that at all.
I'm pretty relaxed about our chances. But being burned so many times, naturally, I have one eye open for the asteroid out of left field that can take the butter off our bread. How's that for mixing metaphors.
It is very helpful for you guys who understand the technology to help us who do not, point to what is important. Listening to Doma cite his alphabet soup as proof of his superior knowledge signals nap time for this non-techie. Your explanation was lucid and concise. I have no idea if it is accurate, but I suspect we will see soon enough.
It is a nagging thought on the order of a troublesome hangnail, that we are still slip-sliding slightly on those up-market days. Why? Because for all the good reasons you point out, the tech-smart crowd should be coming aboard and they are not. It's nothing major, mind you, and I have a tendency to blame some of the mistakes of the past for thwarting our rise right now. But I do have patience. Not sure if I will be here on May 15 if things do not improve, even marginally.
My logic is, if it is such a good thing, how come people are not snapping up our stock? But that question has been discussed, debated and run into the ground. So let's both kick up our feet on the comfy hassock, pop the top of a frosty and wait a little bit to see if the world will start to come around.
My only problem with you personally, Weby, was that even in the darkest days, you saw good things ahead. It turns out you were right, but I'm not sure if you were right for the right reasons. Perhaps so.
Let's both wait and I'm am more than willing, if we succeed, to publicly eat crow and to toast (at my expense) the wit and wisdom of Snackie and Weby. God, I hope that day is soon. We could all use it.
Best to you & Mrs. Weby--Blue
Snackman: You are 100% correct in saying I did not think we would ever reach this point--the deal with Intel and actually shipping product. You were right and I was wrong, dead wrong.
The next question or issue then becomes, how do we go from here?
We have come to the point where we could actually succeed. Whether we do or not depends on many factors, not all of them within Wave's control.
In my mind, the issue of terrorism was foremost in the minds of most of the world for the past two years. If America could be smitten by a rag-tag band of terrorists, using low-tech weaponry, what chance did the civilized world have? This question may seem way off topic, but I believe it is not at all.
While we waited to see how and whether the fight for survival went, the focus on technology issues moved to the backburner, except for those used for security or warfare purposes.
Complicating everything was Irag. Would that touch off a Muslim uprising against the West? This, IMO, also depressed the emerging technology industry (Wave, et al).
Now that some of the fog has cleared and it seems that the West has made some pretty good strides in meeting the threat, companies can again start to think about normal business functions, with one clear exception. Security has moved to the forefront.
This, IMO, gives Wave an enormous opportunity and from where I sit, they seem to be prepared to capitalize on it.
Others have seen my preoccupation with share price and volume as the reaction of a nervous,suicidal investor perched on a ledge, waiting for some signal to jump.
It is quite the opposite. I am just waiting for the realization to hit the market, that there is one company that can answer most of the urgent security needs, that is Wave. I am frustrated that it is taking so long for the business world and the world at large to comprehend.
I am willing to wait and I concede your vision was far more accurate and saw farther into the future than my own. I am content with owning my 5K shares of Wave and I will wait--not forever, mind you, but for some period of months. That is not a fixed exit point--but rather a continually moving point in time, based on changing factors, not unlike differential calculus. The world changes.
I do not share the world domination view of Wave for the future as some of the fantasyists here do, but there is certainly a great potential. In my mind, security concerns have arrested the development of the Net as a business tool. They needed to be addressed and they are being addressed.
Online ordering is way up from the early days where spoofing, sniffing and stealing were rampant. And it is about to become better. Wave could and should be a part of all of this.
Not that anyone cares, but the eternal pessimist, Bluefang, is quite optimistic about our future.
The problems of the past are pretty much past us at this point, although I believe they continue to impede us a bit, because of the lack of credibility over what were essentially, silly things. But overall, it looks as if we are poised for some sort of dynamic take-off. We have overcome our own mistakes, lack of finances and are on the cusp of liquidity, if not ubiquity.
But there is always the X factor and I am constantly scanning the horizon to see if the rogue asteroid is going to come out of nowhere and annilihate us. Some see this as paranoid, but I see it as prudent caution.
Many thanks to any who have read to the end of this overly long manifesto. May we all prosper in the months and years to come.
Fondly, Bluefang
Zen: It was not a concern--it was an observation--and at the time, it was based on a mistaken premise (that Wave had shipped weeks earlier).
You are mixing up two different kinds of events--the release of news (Intel/IBM) and the actual shipping of the product. You are exactly right that there was almost no pre-Intel activity to indicate insiders were loading up.
But news of a product and the arrival of an actual product, are night and day. If the product works, and works well, one might suppose those satisfied users might be interested in investing in such a bargain stock.
Some people are suggesting we wait a year or so to see any effect of the product in the marketplace on share price--I'm not going to wait that long.
I believe if this thing works the way we all think it should, and if it does in fact, address the security concerns we all share, IMO, the price and the volume ought to soon start to reflect that. I'm not talking about a huge surge, but rather some gentle, steady moves to the upside. Certainly not the steady slide on low volume we've seen of late.
What we are talking about is a product that has the potential to cure a lot of what is wrong with the Internet for businesses, as well as individuals. If such a product does not cause some excitement in either world, I'd want to have a really good explanation in my trigger hand.
But the plain fact is we do have to wait. We can not release this thing on Friday and expect to see results on Monday. Snackman and the rest of you are correct when you say it's too early to tell. Where I differ, is when it gets into infinite patience. After seven years, I'm ready for success, not for more waiting.
Best--Bluefang
Bull D--You have put your finger on what will prove to be one of the most valuable aspects of Wave's technology, IMO.
In addition to the value it has for The Enterprise, it holds enormous value for individuals too.
Blue
Doma: I'm A-OK. Re: your 411 on the A-post, that's a 10-4, BG. TS, (technically speaking), I'm 1 x 1, but if you are LOL, I'm ROTFLMAO. I'm here 24-7-365 for all you WTTM (Wavoids to the marrow)and you're coming in 5 x 5, and all is PDQ, ipso facto, op cit, i.e.,no need to CYA, WAVX is A-1 for Q4, wilco for the whole 9 yds? Suspect YCSFFTT (you can't see the forest for the trees), and need the CMSDR (Capt. Midnight Secret Decoder Ring).
ATF (Attestation to follow).
V/T/Y--BF, PhD in BS
Triple D--I don't believe I have posted incessantly (it may seem that way) about the price on a particular day. The point made was that volume seems way down, not on any particular day, but on most, if not all days of late. Same for the share price--drifting down.
This in itself may be of no consequence, yet it is something to keep an eye on in the future for the reasons cited.
Your post was gentle, kind and appreciated. The subject has been more than exhausted, so now let's move on to other matters.
Best wishes--Blue
Jas--great to hear from you after so long. Glad the flames spared you and your lovely. It seems so long ago now when we first were probing and promoting Wave. It has only been seven years, but it feels like 70.
The relationships with the companies you mentioned, which cemented the bonds of the TPG is not what I was referring to by "false starts."
The things you mentioned are all on the positive side and you are right, they took awhile to bear fruit. But there were some mistakes along the way, I think most of us agree. Those are the false starts I meant.
I just hit my seventh anniversary in this stock, and if memory serves, you were in even earlier. It has been a long haul and at last our product is shipping. Not only shipping, but riding on the gorillas' backs.
Four years ago, I bought a giant magnum of French champagne and told my close friends we would open it for the millenium or when Wave hit $60--whichever came first. Naturally, it was polished off on Dec. 31 1999. I am thinking of buying another one, but am superstitious.
Whether we took the shortest or best route to success is not an issue I am now interested in--attaining our goal is what I am trying to focus on. If it happens, there are a lot of longs who will be celebrating. The slog has taken its toll, for sure.
Best to you in on the left coast--Blue
Snackman: That is a good answer and you make an excellent point.
In answer to your question, no I am not that heavy into the market. 5K shares of Wave will hardly make me or break me. But I am anxious for this thing to succeed. I do not break out in heavy sweats at all, as your question seems to imply. I'd just like to see this thing taking off a little, or at least stirring up some interest. Security is so hot, so one would think a new security product that does all that Wave does, would excite at least a modicum of interest.
It seems to me, taking your example if Intel or IBM shipped 10M boards, we would see some activity. My only point was that as early as it is, not much seems to be happening.
Now, let's drop it for awhile. It was a small point to begin with and it has been debated and discussed way too long. If I'm sick of it, I can imagine how the rest of you must feel.
Blue
Eamonn: I am not blinded by anything. I am not overly concentrating on the tiny stuff, nor the day to day share price and volume--I am simply looking for some validation of us finally being out in the market. That the world at large has noticed that Wave is a player and has a product that is useful.
It is not a hard concept to grasp. You ask the hypothetical, when might I sell? The answer is, when it appears to me Wave has gone as far in a positive direction as it can go, or might be started to head definitely the other way. I do not have an exit strategy at this point. I think it is too early.
We could be seeing some delay as a result of our just now getting out there that could be totally meaningless. But at some point, if things don't pick up, we have to take that reality in and process it. I have stated before, I am certainly willing to wait--but not forever.
Blue
Doma: That's real catchy. Stun 'em on first read with an incomprehensible stew of acronyms, sauteed in technobabble with a garnish of attestation. That'll get them flocking in, won't it?
The first message IMO. should be in clear and concise English so even a non-techie can understand. Then, if they have the interest, they can descend into the world you inhabit.
Unfortunately, what the anchor post is proving, is that too many cooks spoil the broth. It's like what they say about a camel--it was a horse, designed by committee.
There are some first class writers on this board who not only understand the technology and the issues, but they can explain it too. I would nominate DooWopGuy or 24601 to write our anchor post, if he has not given up the ghost. What was clear and simple has now become convoluted and complicated, not to mention difficult to understand unless you are a Wavoid. It now reads like the tax code, amended by Congress, executive fiat and by numerous court decisions.
It was better before, IMO. But no one is ever going to be completely satisfied and more tinkering is just going to make it worse. Best to start over. The idea was to be welcoming to outsiders. IMO, it now looks like an 8-foot electrified, barbed wire fence with a Keep Out sign on it.
Blue
Eamonn: I hardly called it a failure. I said I was looking for some sign we were gaining acceptance in the market. There is a bit of a difference between what was stated and what you thought was stated. This says more about you, than me, IMO.
Waiting a year for reported revenues to tell us Wave is succeeding, is not something I am likely to do, if there is no increase in volume or share price in the interim.
We should see signs, certainly before then.
You may be willing to follow in lockstep, possibly over the cliff, but I believe in trying to scout the trail ahead as much as possible. And if it is leading someplace bad, I'd like to have my hand on the trigger.
Lighten up and don't be so sensitive. I want Wave to succeed as much or more than you do. Given all the false starts and stutter-stepping we have done, I'd like some kind of assurance we are finally on the right path. And please, you don't have to raise the gorillas' flags again. I'd just like to know if anyone is buying.
Patience and impatience both have their own virtues and rewards. To be patient without reason is perhaps as bad as being impatient with reason. Not that I think it applies here.
Blue