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As the Brits would say: Spot on!
SS has long held that enterprises would lead the way to the trusted computing paradigm shift. There was early evidence that he was right, but it is now clear that the US government is the leader here. SS acknowledged this in the last CC. Fortunately WAVX has been developing government relations for a long time and these efforts should start to bear fruit, perhaps even in Q4. This is not faith-based, it is just the way it is.
Even god could not sell a boat to Noah with no rain in the desert. But rain was predicted and Noah built his boat.
The drops of “TPM rain” are now falling heavy. SS has long predicted this and built the boat to sail the trusted flood.
Sure it was a lousy Q3, but the waters are rising and the WAVX ship is strong and well managed. It will float to the surface and all those aboard will be most thankful!
Will short sellers continue to wreak havoc on Wave’s share price?
Will election results cause a market sell-off?
Will Steven Sprague announce major news to lift the hearts of long term longs?
Will the Q3 report this eek be as expected or better?
Will Wave announce break-even or better for Q4?
Stay tuned for an exciting week in Waveland!!
This was a very good presentation.
The replay is now available!
http://wsw.com/webcast/ch2/register.aspx?conf=ch2&page=wavx&url=http%3A//wsw.com/webcast/ch2/wavx/
Lee, MA -
September 24, 2012 -
Wave Systems Corp. (NASDAQ: WAVX) announced today that Steven Sprague, CEO, and Gerard Feeney, CFO, will present at Craig-Hallum’s 3rd Annual Alpha Select Conference in New York City on Thursday, September 27, 2012. The conference is being held at the Sentry Centers at 730 Third Avenue. Wave’s presentation/webcast is at 10:40 a.m. ET in the Nolita Room. Management will also be available for 1-on-1 meetings that day.
Live Webcast, Slides & Replay: available here: http://www.wave.com/news/webcasts.asp
Your "mild and softly understated enthusiasm" is always a pleasure to behold.
That's funny, it came back to me as scrambld, which prompted my response.
I believe there is still value here.
My scrambls post (Birds of a feather...) was inadvertantly scrambled. I apologize. Scrambles remains a tricky process.
"Some of the companies we like that are championing TCG standards going forward include Microsoft with its forthcoming Windows 8 platform; Wave Systems with its comprehensive set of software applications that can manage disparate endpoint devices at the systems level; and, we're intrigued about ARM Holdings, which has recently joined the TCG and is we believe planning to incorporate TCG standards into its popular processor cores."
http://ih.advfn.com/p.php?pid=nmona&article=53901318&symbol=WAVX
What do you make of the recent rise in SP?
The relatively high volumes over these last 3 days make me think private equity is starting to come in. If it continues with or without major news near term, it may make for a nice short squeeze. The near term horizon (4-5 months) looks pretty good.
The large volume indicates that big players were buying, not us mom and pop I-Hub posters. The days vitriol was rather tepid under the rising SP.
Social Security checks maybe?
Volume seems to indicate shorts are covering.
Not a good idea for a company trying to establish itself as the leader in a global paradigm shift to “trusted computing.” It would be like shooting yourself in the groin for the insurance money. Who would then trust such a company.
The analogy is inappropriate to the current paradigm shift regarding hardware vs software based security. SKS is not lying and he is definitely not stupid.
"To cast aspersions" does not advance your position.
I read both boards every day and have listened to all the CCs. I did not view the CC today as sad, but rather as a clear indication of Wave's current, admittedly difficult position.
However:
Scrambls expected to produce revenue in Q3. File encryption now possible. Revenue to come via subscriptions: corporate annual fee $10-20 per user per year.
Q3 to be substantially stronger but likely not quite enough for break even. Q4 looks very good.
50 mil pipeline not counting DOD.
Sales cycle is about 12 months for large accounts.
Most sales people were added Q4 last year.
Independence good for at least another year.
Market does not yet realize how important trusted computing is.
25-30 good size accounts in Europe even more in N. America.
1 million of opportunity added per week.
Light visible at the end of the tunnel.
The answer is no. Your 2nd point is way off base, a false allegation with no proof.
Most Wavoids do not post here anymore, so the lack of response to postings on this board is rather meaningless. The majority are also still long term positive and eagerly looking forward to the Aug 9 CC.
The answer is in pending Q2 and upcoming Q3-Q4 results.
Balderdash hokum!
Wave management, directors, shareholders and partners have not been into this project since 1988 just to sell out for a dollar a share.
You are right. The only question is when does the kickoff begin. There's no camera to say, so we are stuck waiting for PRs and quarterly reports.
The force is with you!
Re: "After all, 13 soda cans equals one share of Wave!"
So when does 13 to go to 130?
Origin Oil mentioned this evening on PBS Quest algae special.
100% failure is a bit strong for a company that has led the paradigm shift to hardware based security and which may well do 50 mil this year. Credibility will turn on execution over the coming months.
Predicting the future is not easy.
Q2 results coming in some 30 days will bear truth to at least two SKS recent predictions. It is still early in Q3 and many of us are expecting WAVX to go Q3 cash flow positive, per recent statements by SKS.
Share price should soon begin to reflect this. Watch the Jan 2012 options now to be had at ~10 cents.
This may well lead you to change your handle to "Up and In Man."
From Wikipedia:
MACD (moving average convergence/divergence) is a technical analysis indicator created by Gerald Appel in the late 1970s. It is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price.
WAVX is listed as an exhibitor #107
http://events.jspargo.com/landforcessouth12/public/ExhibitorList.aspx?&pagenum=9
I was wondering the same thing!
How many followers would that be?
As Awk clearly stated the next few months should be interesting. I expect that a good many of our questions will be soon answered.
Amen to that!
The 15 year agreement with Samsung contradicts your "opinion."
No, I would not sell. Where do you come up with such numbers?
I do expect better than 8 mil for Q2.
Do not know about expenses. Do not expect Scrambls to cost that much. Do expect Scrambls to contribute revenue this year. That said I have no magic mirror.
"In the meantime, this "company" must have lost at least 10 million dollars during the 2nd quarter."
Really? And what evidence do you have for that?
SKS has clearly stated at least two times, once at the last CC and again late in Q2, that Q2 results would be better than Q1, we just do not know by how much. This will be confirmed at the next CC in August.
It wasn't around the corner and it was not a phantom report. Sales ended strong in Europe for Q2. We shall see the numbers come August.
Actually Q2 earnings look to be pretty good. A WAVX investor has communicated with at least one Wave sales rep. in Europe and learned that end of month EU closures were strong. I expect the August Q2 CC will confirm this. Positive cash flow for Q3 is still on the agenda. Any good news over the next 6 weeks will push share value up. Share price at current values is much too easy to manipulate, and, unfortunately, this will remain so until WAVE proves itself with reported earnings.