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givelove, you write : "Your posts are all the same anyway".
here's what you wrote on this board in March, 2004 :
"I think changing the BOD at this time would not be a good idea. Short term revenue agenda by new BOD would greatly hurt our long term ubiquity goal. We don't want to be a breakeven or slightly profitable company !!!! We are going for the gold medal! All our effort and focus and capital needs to be focused on domination."
I just came across my old post from 2003 that said this:
"How many times over the past 10 years, did Wave get everybody exited by announcing an alliance with a big company, followed by no deployment and total disappointment?"
How funny is that? This was 2003 ! 10 years later, here we are. LOL
Now that Apple is out of the picture after their acquisition of Authentec, this thing will drop like a rock even before their next pathetic quarterly results are announced. My warm congrats to those who have just wasted more of their hard-earned money at .65 supporting the Spragues family and friends. Your ongoing support will not go unnoticed. They will toast for you at the next electric car trade show where the whole family will gather all expenses paid and all.
it was last spring
when sks brilliantly decided to change his sales strategy by not pursuing small and medium size clients anymore and instead concentrating on the larger fish. dozens additional sales reps were hired. the result 5 quarters later is zero new big clients. not 10, not 5, not 2, but ZERO. i'll let you guys explain this very telling outcome.
by the way, i can not help but laugh when these PRs come out (first Lenovo then NATO). I can just picture dozens of people with their fingers on a trigger desperately ready to sell some wavx shares (the spragues with their ATM, new PP guys, old PP guys that still have warrants, Safend guys) and then - silence - no takers. Just funny, that's all. see u at 20 cents post CC. bye bye!
You heard it here first! The #1 excuse for poor 2nd quarter results will be strong US dollar, because so much revenue comes from Europe (which Wave has owned anyways for years now - sorry could not resist the jab) and the euro lost so much value in the last few months. Otherwise, Wave would have had a very strong quarter, much stronger than the previous one.
whether it's atm or pp or both, i'd like to remind those who keep comparing wave's ceo to jobs, gates, dell, lincoln and washington, that a small round of financing could have easily been done a year ago at $4 per share and the sp would not even blink as long it were explained to shareholders that the money was needed for samsung and other development. instead they atmed the sp all the way down to 65 cents per share and are raising money now. unscrambl your minds, people! individuals in charge of this company are complete idiots.
it really does not matter what the revenue was in 2nd quarter, does it? whether it was 6m or 8m, the loss was huge. their doing pp now at 60c or lower. no new big contracts. no new investors. as i have posted a few times, i expect sp to be in the 20s post the cc. and no, i'm not taking $20 per share :)
and as far as agenda driven garbage posted elsewhere, it's laughable to me, yes. apparently, you believe it. why? i have no idea, but i'm guessing it's a combination of wishful thinking and total disregard for the reality of things. a large client will not give their business to wave at this point because of their financial state, reputation and miscrosoft.
he makes a nice argument for trusted computing in general, but when it comes to wave, his arguments are laughable. what's really indisputable is that wave has no future. you're lucky if apple or google buys them for 50 cents per share this fall. otherwise, you won't get a penny back.
miscrosoft is currently dealing with dozens if not hundreds Fortune 500 companies pushing them to convert to Windows 8. one of the main selling points is TPM management. most of these companies devises already run on Windows. the ones that don't (phones and tablets mostly) will be replaced with those that do. there is an imaginary world out there nurtured by awk and company and the real world we live in. welcome to the real world.
barge, microsoft's play is no mixed environments. that's their goal. all the devices (all those pcs, laptop, tablets and phones) have to run windows 8 and their own tpm management software. it's a smart play, typical of msft and imo they will make tons of money on this combination of windows 8 and tpm management.
Barge, it is a yawn because there is nothing new in this article. yes, Windows 8 phones, tablets, PCs, and Laptops will all have a TPM which if activated WILL BE MANAGED BY MICROSOFT'S SOFTWARE, NOT WAVE'S SOFTWARE. You can try to flip this as much as you like, but it's horrible news for wavx and it's also old news.
The article says "TPM is expected to arrive on iPhone too but that’s not going to happen in near future." Now obviously Apple won't be using Microosoft's TPM management software. I'm sure they're writing their own. But if they decided to use Wave's software instead or purchase Wave (the way Intel acquired McAfee), THAT would have been the news.
what did you just say about my mother?
she's been dying to scramble away. too bad she has the damn MS Internet Explorer for a browser (well, she and 90% of the rest of the world). this browser is just evil, you know, well, according to Mikey Sprague anyway.
ski, believe it or not, not a single share. lugan was asking me the same thing before the previous cc when the sp was around $1.35
and i'm sure somebody will be asking the same question 3 months from now when this thing is around 25 cents per share. i know you would rather hear me say that dod, samsung, windows and scrambls will propel the sp to $80 within the next 12 months and you can then retire, but sorry, man, i don't post lies that allow me to sell you short my PP shares I get from the spragues for 60 cents or so.
escrow56, i think the spragues would gladly sell the company at this point if there was a taker. would i want Microsoft managing my security? I would not mind. would you want the Spragues to manage yours? think hard before you answer.
you write "After the stock hits twenty you can at least have this conversation seriously." you don't mean $20, do you? what kind of a parallel universe, do you live in? the only 20 you'll see is 20 cents. and it's coming sooner than you think. i'd say less than 24 hours past another CC that will start as always with the same carefully picked individuals congratulating Steven on another stellar quarter. this company is a sham and it's about to collapse. it will be fun to see. any shares being bought right now will be worthless by year-end.
the sprague family has been trying to find a respectable niche for him since tvtonic went bust. if not for his last name, the man would be running hot dog stands into the ground. you can now see his brainless greasy fingerprints all over scrambls. the product is not compatible with the most popular browser in the world. lol. this is just hilarious. and how about doing old school advertising (trade shows, cars) for a social media ap? does that make any sense to anybody? and i mean anybody?
Hey Weby, question for you. why do you think nobody is even remotely interested in buying Wave out at this point? Companies like Google, Apple and Cicso are sitting on gazillions in cash. the sp is barely above 60 cents.
Wave can be had for very little at this point, and yet not the slightest interest. could it be because a) TC adoption is still years and years away, or b) these companies don't consider Wave's TPM management software particularly valuable because they can develop similar software in a relatively short period of time (like MSFT did recently). imo, it's both, a + b. but i am kind of curious what you think.
Regards, kisamura.
good question indeed. why would not samsung build a tpm network using wave software? they must have tens of thousands of employees, each with at least one computer and one phone... why would not dell? hp? msft? intel? they all encourage clients (corporations and governments) to do it. why not do it themselves? right?
yawn... wake me up in 10 years.
zen, people participating in pp are selling their new shares short right now at 66 cents. your 60 cents guess is probably correct. i don't think it's 50 cents either, but you never know.
hi Escrow56. i just don't follow. why did you buy 15k now? you could have waited another month and buy 45k with the same amount of money if you're such a believer in what those best and brightest minds are telling you, that 3rd and 4th quarters will be oh so good.
as far as the 2nd qtr, i think it's gonnna be far worse the "so-so" but hey! we'll see. anyway, the only pr between now and then will be the pp announcement. what is it? 50 cents ? 60 cents? if you don't know, why don't to ask the best and brightest ones. they do. they're the ones participating in it, selling you their pp shares short at 66 cents.
dig, thx for your reply. a swiss army knife wave wants to be, and a couple of years ago after that automaker contract i would not bet against them. they had pretty good grouth, no debt, lots of cash, sp around $4, russel stock and all. they were unable to leverage all that. they can be bundled with dell, hp, samsung and anything else outthere but at the end of the day a client has to make a decision to entrust their security to wave, sign a contract, etc.
They could not sell it then. How are they supposed to sell it now? Off russel, out of cash, soon to be off nasdaq, financing operations by atming and pping itself at 60c per share. oh, and add that horrible reputation that the spragues have on wall street. if you were a ceo or cio of a major corporation and you were thinking of adopting TC, would you entrust the security of your company to wave? the question is rhetorical of course.
once again you are cleverly equating TC success to Wave success. one has very little to do with the other at this point after msft developed their own tpm management software, and no doubt other major players such as google, apple and intel are working on theirs. i argued many years ago that the reason wave did not have any competition was not because of how incredibly smart their tpm software was or because of their patients, but simply because there was no money to be made. once there is money to make, i argued, it will take msft and other software giants very little time to come up with a similar product. wave had a window of opportunity that was wide open for several years. they tried and they failed. miserably. because every successful step such as getting the GM contract was followed by 10 miss-steps. once the sp is 10 cents (which won't be too long from now), somebody will buy this company for 50 cents per share or less because it will be cheaper for them to do that than to finish writing/testing their own product.
i think there is another major factor that keeps investors far away from wave at this point. remember how a few years ago, we were discussing wave having a window of opportunity until major players like msft jump in? well, it looks like with Windows 8 coming out shortly the wave's "window" is getting effectively shut down. sks says otherwise of course, but if anybody believes him, that's just being plain stupid. i think sks and the rest of them realize the same thing, that the tpm chapter of wave history is coming to an end, and that's why we're seeing what we're seeing with scrambls.
I heard wave will advertise scrambls at London Olympics. I'm dead serious. Somebody emailed me last night. LOL. Apparently Steven, Michael and several other employees are going, and with their families I am sure. All expenses paid I bet. In the meantime, this "company" must have lost at least 10 million dollars during the 2nd quarter.
royster, you are right of course. it's been confirmed thru msft press releases and conferences that they now have their own tpm management software. msft/wavx lie is being brought up once again because nothing else sticks
it used to be that certain wave investors communicated with sks to learn about all those great things that are really just around the corner. now that nobody believes either sks or those helpful wave investors, all of sudden somebody speaks to some phantom wave sales rep in europe to learn about all those great things that are really just around the corner... the funny thing is some people will actually believe this stuff. seriously.
hi roro, too farfetched imo. peter is too old. maybe 30 years ago he could have pulled something like this off. steven sprague is a moron. the only thing he has in common with peter is the last name. the only thing he knows how to do is pps.
hi player1234, you write "The 2nd quarter numbers have to beat last year's Q2 numbers by a good margin". there is absolutely no indication for that happening. when things look bad for wave, they're ALWAYS much worse, never better. so sks says 2nd qtr will be better than the 1st one which in sprague speak is 7.5m, correct? because he was openly lying about 4th and 1st qtrs, i'm guessing the real number is closer to 5m.
mig, i see your logic. best of luck. you have probably wasted 15 years of your life following this pos (not to mention losing money). you really want to spend another 15 years waiting for TC to take off? i think the best thing that can happen for you and people like you, is wave going completely bust with Intel or somebody like that picking up the pieces. just imagine what you can do with your life without wave "addiction" in it! you'll finally be free! i believe that whatever happens always happens for the best even when you don't quite realize that at first. of course many will say hey! wave survived situations like this in the past. as i have argued before, this time is different. they're a big company now with expenses and commitments. this thing will unravel faster than most think.
gucci, great post! right on!
in reference to your rather rhetorical question "Would any major private or state organization leave its security to a company which could go bust any moment???"
i would pose another rather rhetorical question:
"Would any major private or state organization entrust its security to a company whose management has such an awful reputation???"
If you know the answer to this question, then you should understand why after 100s of demos and pilots, only a couple of large companies have hired Wave over the past couple of years despite the fact that Wave seems to be at the right place and the right time.
Sure it might spike up to $1 once over the next few weeks, but i call for .20-.30 post next CC. the only piece of information you had to learn at ASM was that they started cutting staff. they're burning thru millions every month with no new contracts. you're looking at another awful quarter, drop from russel, de-lising from nasdaq, a PP... nothing but bad news. nothing to attract a new investor.
i hear you brother. no mention of wave as far as big msft announcement this morning. but not to worry. it's sure a big part of windows 8, and if not, just like you said windows 9 will definitely have wave all bundled up and making everybody invested in wave filthy rich. for now down to 30 cents we go. enjoy the ride!
the saddest thing is that even if by some miracle wave signs a GM like deal this quarter, the spike in sp will quickly drown in gazillion shares being sold by russel funds, wave (atm) and pp guys (i'm sure a new pp has either been or is being arranged right now).
also the notion that wavx is where it is right now because ceo lies is not exactly correct. it's where it is because what makes him lie. he's stupid and greedy, sppon fed from birth with gigantic sense of entitelment. here's just some decisions this genius made over the past year - doubled if not trippled his sale force but decided to go only for big fish abandoning medum clients, buying a bancropt company with shady finances, doingg 20m atm with no news to keep sp from completely collpsing and the list goes on and on
lugan, you write "WAVX Q2 will be clearly be better than Q1". and you base it upon what? don't tell me sks told you so.
and awk, no, wave (as a company and investment) does not have any future. their software does, but you're probably looking at least 5, most likely 10 years down the road imo. current wave shareholders won't benefit.
the answer is very simple. it's because everybody has finally figured out #1 and #2. the end is near. if you think the previous quarter was a disaster, wait for the results of this one. i'll be shocked if the sp will stay above 30 cents. another quarter and it's gonna be 10 cents per share ending with a buyout at 50 cents or so. whoever buys wave will make billions on this tech. mark my words. all it needs is credible management under the name one can trust. Intel would be my best guess.
topseeded, why do you think they're asking you about Wave? your description is correct, but do you think they care about Wave being a founding member and a pioneer of TC? my guess not. they're just looking for an investment opportunity to MAKE MONEY. why would you or anybody else recommend buying wavx right now? the company is in the most pathetic state of affairs, burning thru millions every month, no new contracts. summers are always slow for Wave, but this current quarter is shaping up to be the worst ever with them most likely losing over 10c per share and the sp probably going to 50c, maybe even 30c. de-listing from NASDAQ is just a question of time. so sure, go ahead and recommend this pos to your friends. if you're lucky, they will never buy a share. if they do however, you should be prepared to be cursed at for years to come.
hi returnsatlast, yesterday PR was practically meaningless. so Sumsung is now on a list of computer makers who can sell a client Wave software if the client decides to build a TPM network. same with dell, same with hp and acer...
It's still about CLIENTS' adoption of TPMs. As we've seen over the years, there could be a billion of computers with TPMs and some of them having Wave software pre-installed. It does not mean activation. Well, maybe 10 years from now :) if Wave is still around after a few more de-listings and reverse splits.
best regards,
kisamura
barge, great find! your post should be in bold right on top along with awk's cisco posts! thanks so much for yours and awk's genius visions that kept wavoids invested and wanting more shares!
Cisco, AMD, Fujitsu, HP, IBM, Infineon, Intel, Lenovo, Microsoft, Dell, Nokia. Impressive list! Any of them adopted TPMs? The answer is NONE. Quite telling, is not it?
awk, it's so nice to see you back on this board all in bold as usual. so now it's Cisco , is not it? great! keep up the good work!
dig, what's your opinion on sks's attitude? i says he does not give rats ass anymore about his reputation or sp. the way he's been lying lately has been almost daring! he thinks wave will survive these tough times just like it's survived before. might get de-listed and re-listed, might go thru another reverse split or two, a few pps, but at the end it will still be standing while the spragues keep collecting their salaries and bonuses and get their expenses paid, etc. so he just does not care. am i right? yea, a couple of bod members might get voted out by an angry bunch of stupid wavoids, but the spragues will always be in complete control. it's their company, their family business. that won't change.