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Good luck to us all tomorrow. I for one expect my first non disappointing CC. Up to now I always hoped for positive surprises. well surprise, not one. Tomorrow I hope breaks that chain. Expect increasing volume and a moderate run up if we are to get good news. At least the low .80"s. Again I am always right at least 15% of the time.
By Tuesday we will know. If we hit 4 million plus with a strong sales growth predicted the slog will be over. As long as the share price and sales keep rising quarter over quarter in a tough environment, I will be happy. All the short term games and fluctuation means nothing. We either are or we are not and we shall find out very soon. To me the entire security world is moving in our direction and we are smack dab in the middle of it.
I think I read here on the board that B of A was training it's people on how to use their new TPM laptops. I didn't read yet if it is specifically WAVE software but their laptops needed to get "turned" on.
Watch the volume. 58k on the bid. This will end up being a great day and I am usually right at least 15% of the time.
It is feeling stronger. If volume picks up even slightly right now I think we will take off. After ten years you start to feel these things. Schwab has a five day hold on my funds and I am dying.
Well, no one can say we haven't been patient!eom
We will get a lot of exposure next week at the show. We are in the middle of everything only the public is not yet aware of that. Once they are the past will be easy for us to forget. All our criticisms, second guessing and armchair management will be ancient history.Today, as Snacks used to often say, watch the volume.
Congratulations to the Wave team. We are in the center of the evolving security universe. Management has kept us their in a changing, evolving environment for the last ten years. If they can keep us from further dilution over the next quarter we should be well on to our way to being the top dog, and profitable dog, in the TPM world. What they have accomplished for a small company is nothing short of amazing. I know we are not quite there, but barring any major surprises we will be in a few months.
Has anyone just asked SKS if we are involved with Walmart? He would not say yes but if we are not involved he usually would say no or not at this time.
Something positive. One year ago the placement that we just did was a few weeks worth of operating capital. Today it could go months or drive us to break even. I believe we will still need a little more but it will be at higher prices. If we issue 500,000 shares at a buck, it goes a long way maybe until we are cash flow positive. Forget that we all wanted a company to go to 100 within a year. It didn't happen. When it went to 50 it spoiled us. In this business environment, any rational person would be happy with 15% to 20% returns per year. In bonds and fixed income getting 7% a year is quite an achievement. I don't believe from an INVESTMENT point of view that from this point in time forward we will find a better investment vehicle. Yes, I do remember how long we have been in this investment but dwelling on the past doesn't help and does not effect the future. One year from today we will have outperformed almost everyone else on the planet for this current year and probably into the foreseeable future. Just another opinion.
The point is that we do not know how many large deals missed by an inch. We don't see results that we had hoped for but yet we are one of the main players in security, one of the most important areas where money will be spent in the near term according to everyone. SKS always says "thats cool" and perhaps to an IT guy it is or will be. Once everyone starts to read about it, hear about it, and knows someone who implemented it successfully, it becomes the industry standard. That is what we are shooting for. Nothing less. SKS has lots of faults but has givin us our shot against tremendous odds.
I am hoping it becomes the must have item to many industries such as finance and health. If it transpires then it will sell itself. In my business career so many important, large accounts that I was sure of, didn't happen, for the strangest reasons. Example: key person is replaced who was the advocate for a particular product or person and suddenly overnight everything changes when the new person has a different vision.
There is a groundswell that could turn into a tidal wave or it could just miss for another year. Place your bets.
Also what is nice is that we now have a feel of a nice gradual engagement without too much risk of failure. Having tempered our expectations the only surprises in the future should be positive ones. This CC has reinforced my thinking that we are looking at at least three years of nice steady growth with the possibility of explosive spurts. That is fine by me.
Problem with thin trading. A few sellers nervous and most of us fully invested. We watch the price driven down over two days on about $30,000 to $40,000 worth of trading.
I think today is a pivotal moment for us. Traction should be evident beyond even what the numbers showed us. As long as I know I have a growing investment and the danger of cash flow has passed, the next three to five years could be so sweet. Imagine turning on the computer and seeing Wave up 3.20 for the day to 36. The funny part is that after all these years I am more confident than ever. My financial planner just purchased some shares after looking at the company and hearing my explanations. He is a very experienced long time stock person. I was in shock.
This is the first CC that I believe management will be able to give us a better future projections. We now have clients. They are upgrading. Our products are shipping. I just want to see if demand continues to grow. We now have over two months of 1st quarter data. That should be enough for a statement like at the last CC. Something like "In the first month of the current quarter we exceeded all of last years sales" or something similar. Maybe a tad too optimistic, but we now should be receiving guidance.
One amazing thing about these CC's. There is not much prior leakage of what is to transpire. Very little buying or selling pressure on leaked advance knowledge.
Maybe it is the support needed from personnel that can't keep up on new installations. That would be the best possibility.
Serious question by a non techie. Does a laptop have to be brought in to turn on an encryted drive? Is there any other purpose other than a full TPM connection to the server than an organization would ask employees to bring in their laptops to get "turned on"? They had heard that if someone quit their machine could get "turned off".
Since I am not sure of laws and what can and cannot be posted it could be that and just a coincidence.
The whisper did not know what they were "turning on", just that they had to bring in their laptops. They had no tech knowledge. They were Dell machines. Their machine would turn into a brick if stolen. And I bleieve the company name did start with a B.
Question first. If an employee tells someone about what their company is doing with their laptops, that is public information?
We all have lost focus on something very important. Our expectations and timelines have not been met for so long we now look for immediate gratification. We are not used to increasing sales numbers that we can extrapolate out into the future. If we look at a two year timeline using 50% growth (at least until we are much larger), we then become a $100,000,000 company at the end of 2010. Companies that grow at 50% carry huge p/e ratios. The end of 2011 looks ridiculous. I believe this company can sustain this growth for at least two years and beyond. What the share price is this month becomes irrelevant. Listen to Buffet.
Snackman, I believe the correct number to look at is $3.7 not $3.3. Accounting practices does not change the fact that they did $3,700,000 (love to write it out). Also, yesterday I posted about a major company requiring their employees to bring it their laptops for "turning on the security" on their Dell machines with encrypted drives. So...I expect upgrade revenues have finally arrived. Maybe we will hear some of those names in the CC.
I talked to a person at a major corporation yesterday. They never heard of Wave. However, they use Dell laptops. Everyone was just required to bring in their laptops to "turn them on" and authenticate their machines before being let on the network. Their machine also turns into a brick if it is lost. I asked them to please ask the I.T dept and to verify that what I am dreaming of is true. The company is a common household name.
We need to get to at least 400k in volume before it gets serious. I am looking for volume. If we get it....watch out above.
Agreed. Sign of the times. I dumped some GE to pick up some Wave. If nothing is safe I might as well roll the dice.
I think you just got it. What is going on?
I am buying today. I hope the downward pressure on the SP is not from whispered numbers.
Good or bad implications?
Now would be a great time for news! We would shoot over 1.50, stop all these nonsense posts about lack of traction and move on to better discussions. Future topics, speculation of who will be the next large company to announce Wave usage, when we will hit a buck a share in eanings, when the rest of the govt. will announce, when HP will capitulate and switch to Wave, When we will achieve higher highs then last time. Ah, what great daydreams. Funny enough I believe it really could occur very soon.
Yes, and as outside interests notice us again our volume starts to firm up. It becomes harder to manipulate SP with a few hundred shares. Volume picking up towards the end of the day. It bodes well when that is the trend.
If you skipped Jkirks post, 174823, read it. I skipped it the first time. Big clients know us. They are not as happy with their software only vendors. We have become, IMO, the vendor of choice in our space. What that space is or the size of that space, and how quickly it will expand remains to be seen. But I can assure you that we are a profitable company in 2009 and will therefore carry a much higher SP. It seems to be a growth trend that will last for years. The next five years will hopefully bring as much pleasure as the last five took away. Good luck to us all. We persevered and now will reap the rewards.
I don't know if they already do this but free training seminars for the IT department heads of the various target clientele would seem to be an effective approach. The seminar's would set up a system from scratch while they watched and then show them how to operated the system. With comfort would come purchase.
Hi ho, hi ho, off to schwab I go....to buy more shares, from the bears...hi ho , hi..ho... hi ho. (smart or dumb..only time will tell)
Oh no, no more dry powder. Back to Schwab, quick.
The low SP will not hold. I have been on the bid at .82 for five minutes.
What a problem, hope for a pullback so I can purchase more, or to keep going. Love these problems.
On my way to my broker with a cashier's check. But I think over .70 by the end of the day. Bigger money coming in. You can feel the volume starting to edge up.
First hurdle, do we stay in business? I think that question has been resolved by Dell and the Govt. The super high risk factor has been diminished. The risk to reward ratio has swung strongly to reward thanks to commitments by the elephants.