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akin to me suggesting Rosie O'Donnell for her...
it is yer bollockbuster production after all, but i'm 6' tall & around 210 lbs & played LB in college.
this guy (below) sorta looks like me & in many roles has used a similar brand of sarcasm & even appeared in the "New Adventures of Spin & Marty" (no relation) as well as "(shoots) From the Hip" as barrister "Stormy Weathers."
http://www.imdb.com/name/nm0000555/
if this guy isn't available, Robert Downey, Jr. bears some resemblance ('cept for his smack problem) though both are a bit older (& he might even work for wavx shares considering his fall from grace).
& while i'm at it, Liam Neeson bears quite a resemblance to shute's iHub photo.
also, Rip Torn would be good fer PJS.
Spade could play a good barge (physically at least, from what i'm told), despite the Kinnison Konnection to the histrionics.
& imagine the comedic possibilities of Spade & Farley together again at the SF lunch/dinner table. could even have 'em @ an all you can eat buffet in Sin City.
anyway,
SPIN
PS yer suggestion to Matt that "freebie" members have posting privileges here is a capital idea & one worthy of parole IMO.
PPS to highball -- i'm having fish for dinner tonight (& not gefelte)... do the math.
oh i see, you consider the fact that ETS "works with" Windows is a "connection" to Microsoft.
ETS "works with" IBM computers too.
nice Acer "evidence" btw...
right up there w/that year-old PDFschematic that "proved" NSM was shipping.
LMAO
24 you can't be serious?
replying to my post that MSFT has ignored Wave w/shute's screen cap post as verification that Softee & Wave are somehow working together?
are you implying that Microsoft somehow collaborated w/Wave to develop ETS, or that Gates & Ballmer somehow endorsed Wave by virtue of the fact that ETS works on Windows machines?
any software publisher can develop applications which function in a Windows environment.
so what?
my point is MSFT's security initiatives continue to ignore Wave.
the only connections b/tw Wave & Redmond are a supposed "typo" in a Wave help wanted advt; "giftforshareholders" BS predictions of a merger many many months ago & a PR from 2000 related to WaveXcess (to which there was zero follow-through up to now (roughly 3.75 years later & counting)).
2 Junes back was purportedly yours b/c of Gates' endorsement of hardware-based security, yet some warehouse remains filled to the brim w/un-sold Embassy chips.
the last time anything wave was reportedly sold, it was the $7.77/mo for Ukranian TV on a PC.
how is this even possible when world domination is always 2 Qs away?
SAN FRANCISCO--Microsoft Chairman Bill Gates predicted the demise of the traditional password because it cannot "meet the challenge" of keeping critical information secure.
Gates, speaking at the RSA Security conference here on Tuesday, said: "There is no doubt that over time, people are going to rely less and less on passwords. People use the same password on different systems, they write them down and they just don't meet the challenge for anything you really want to secure."
Gates emphasizes security in Windows update
Bill Gates, chairman, Microsoft RSA is working with Microsoft to develop a SecurID technology specifically for Windows. Both companies agreed there is a need to remove the vulnerabilities associated with employees using weak passwords.
SecurID is the best-known two-factor authentication system and is used by many large enterprises. It generates a constantly changing sequence of numbers that a user has to type in alongside their normal password or PIN. Creating a specific system for Windows could mean that rolling out strong authentication across an enterprise will be far easier and cheaper.
New organization helps companies measure security efforts against similar competitors
However, Gates said that Microsoft would not be using the SecurID system internally because it had opted for a smart-card system--with the help of RSA. "Microsoft recently moved to a smart card approach, and a key partner in this was RSA," he said.
Microsoft also demonstrated "tamper resistant" biometric ID-card software, developed by its own research arm, that can be used by both small and large companies to create ID cards using a digital camera, an inkjet printer and a business-card scanner.
To create an ID card, the software requires a photograph and some basic information about a person, such as name and date of birth. This information is processed by the software to create a digital signature in the form of a bar code, which is also printed onto the ID card. If any of the information on the ID card is altered, it will not correlate to the signature and the card is rejected, according to Microsoft.
Gavin Jancke, development manager at Microsoft Research, who demonstrated the software, said one of the key aspects of the system is that it does not require a database because all the information is already stored on the card.
"The authenticity ID is stored in the printed information in the card itself. There are no user privacy issues because we know that what is stored on this card is stuff that they can actually see," he said.
Jancke said the system could also be used to store fingerprints or an eye scan.
"This system is also extensible, so we can include other biometric information, such as iris or fingerprint. It will still maintain the same tamper resistancy on ordinary paper or plastic printed media," he said.
Microsoft did not indicate when or if the software would be available commercially.
Munir Kotadia of ZDNet UK reported from San Francisco.
edit3: imagine that Rach
"each time you write, you think the chance of BK is higher than ever before."
yep, the risk of Wave slipping through the cracks is much like sand in an hourglass, 'cept there are all sorts of new pressures & obstacles. as for the legal issues, the only "side" i'm on is the sidelines, watching & waiting to see what results.
the $10M you mentioned was in large part received over 3 months ago, SO, presumably at least $4-5M is already long gone, leaving maybe another 3 months.
why would it be so hard to believe Wave would begin efforts to secure more operating cash now, rather than waiting until the eleventh hour like past disaster fundings? especially given the mess they're currently facing. wouldn't it be prudent to secure funds in order to defend the claims, not to mention the previously disclosed ramp-up costs which will invariably increase the burn?
yes Rach, i am assuming neglible revs for at least another 2 Qs (based specifically on Wave's representations) & then adding at least another Q b/c of Wave's well known history of exaggeration... SO, yep, i doubt highly that Wave's top line will exceed $1-2 (maybe 3M) for the entire year. i also don't believe that Wave's prospects will track TPM rates as closely as others believe.
s5elected bolds - couldn't care less what you think of me & btw, 24 has been practicing for decades & i graduated just about 8 months ago. he should have a more impressive legal mind - he's prolly been thinking about law for about as long as i've been alive.
Zeev - yep, the financing last Spring was preferred converts & not of the Death Spiral variety. but IMO Wave is running out of options & if things continue to erode it'll become increasingly difficult to obtain funds on anything which can be even remotely considered "favorable terms."
SO, i suspect that if things keep moving as they have the last few months, Wave will have no choice but to fund operations w/so-called "Death Spiral" financing -- JMO. also guessing that the Nov PPers cannot be thrilled by the recent turn of events while holding illiquid paper for 3 months & watching the pps drop almost daily.
also Zeev, i'd like to renew Dudash's request that if you ever have the time to review & comment on Wave's patent portfolio, many would prolly find that very worthwhile.
1: Burp - wavoids & "locking in profits" ?!? thought you posted that you knew about Wave?
2: HBG - it's pure wavoid nonsense.
3: New Wave - tkc has stated he has been a wavx holder for around 7 years, why shouldn't he know those names?
not the one filed today Tony IMO.
or its compadre filed last week, different animals.
IMO the class claims'll eventually get consolidated, but it'll take longer b/c there are claims in different districts (Jersey & Mass).
'net, yeah i know, was j/k about the instinet bid...
Rach, revisionist herstory
opined about a risk of BK, which is greater today than ever before.
you think they'll wait to do a PP 6 months from now?
@ what price?
what's Wave's current burn? around $5M/Q or so? now add in the substantial expense of legal fees (as well as the distractions & time away from work for stuff like depositions), & you think that the $7M from November (3 months, or, the equivalent of a Q ago) plus the $3M or so from sspx sales is sufficient to keep the lights on for another 6 months?!?
keep dreaming...
SO, are you bidding $0.01 for 100K shares on instinet day after day?
there's nothing in the post to which you replied to believe or disbelieve... it is what it is.
2 plaintiffs have brought derivative suits in the name of the corporation against mgmt & directors.
IMO that bid might get filled someday, btw...
edit: causes of action: insider selling & misappropriation of information; breach of fiduciary duty; abuse of control; gross mismanagement; waste of corporate assets; unjust enrichment.
3:04-cv-30044-MAP Harvey v. Sprague et al - filed today.
interesting reading & includes this new allegation (among others):
". . .improperly audited consolidated financial statements in their quarterly reports, as filed with the SEC."
these derivative causes of action were brought under state law theories & are not part of the class action claims
http://www.mad.uscourts.gov
shute - you could be right, but i do remember a statement about requiring funds by February & yep, it would also be vitiated somewhat by the sspx sales.
s5elected_bolds - the fact that this guy knows i turned negative on wavx back in 2000 suggests he's been around in the background for years. ya know somethig kev, i used to be a wavx cheerleader...
tkc - it's a theory that makes some sense in that Wave did report it would need funding again some time around February.
strange little merry-go-round though, shares from the last one are still presumably being digested & now it is plausible that new PPers are shorting against the box.
sooner or later if Wave doesn't finally start selling somethig to someone, new financing will be (IMO) of the preferred-convertible variety on which Zeev recently posted his theory (aka "Death Spirals").
& according to @ least one wavoid, the market doesn't even "get" exactly (heck, he posted that wavoids don't even "get it") what it is that Wave is trying to sell...
re: S/H list - i think it's akin to when investors receive proxies & 10Ks. docs are sent in bulk to the transfer agent who in turn forwards them to the shareholders. SO, the 13 law firms now suing wave don't actually get the S/H list (@ least not @ this stage).
during my supposed unemployment, worked on a case recently involving that particular company & can state w/certainty that it does not take any allegations related to any infringement, blurring or smearing of its marks lightly (not that today's PR necessarily does any of those thigs IMO, though i s'pose a "passing off" or trading on another's goodwill theory could be constructed, but it's sorta weak IMO).
barge - was in jail for all of a weekend (& was out of town for part of my "sentence.") being a "freebie," can't post there 'cept fer happy hours but it is worth noting how vigilant some longs are to have every wavx critic in "jail" if possible. thoroughly enjoyed reading the curiously controversial lunch report fwiw.
SO, NostraDoma, now only you & SKS "get it."
now even the wavoids don't "get it"?
yeah, that sounds like great news!
pensively,
SPIN
PS any predictions on when Wave's "great stuff" will be featured on IBM's site?
barge, why is it that the "most cold-blooded attacks" on you have come from wavoids?
you seem like a loyal long to me...
after all these years, why doesn't Carly "get it"?
is McGowan still w/HP?
see, i'm always wrong!
'cept about the fact that Intel's web page for ETS goes to some other product.
saving Wave must be a high priority in Santa Clara.
does IBM even have Wave on its website yet?
isn't saving Wave on the agenda in Armonk?
shouldn't wavx be moving up if all the wavoid conjecture is correct?
why doesn't the market "get it"?
edit: i like this sort of post!
it yet again proves the fraud that is the wavoid credo of "civil discourse."
i'm never right & wavoids always are -- world domination is just another few Qs away.
& btw, Nelz, yer showing yer hand & all the pain that apparently goes w/it -- wouldn't surprise me if you were a recent buyer in size.
it's the stock market, the SEC, the lawyers, even, Carly, etc, who "don't get it." only the wavoids & SKS "get it." you can't run away to cadcamland, or even awk's new TC wave-haven bored b/c you hafta post here to defend the stock & try to recruit newbie capital.
24, while Intel has "bundled" a Wave cd-rom w/one of the 865 MBs, why is the link on intel.com pointing to a windvd product?!?
it just doesn't seem like the "gorillas" are going out of their way to save the day for Wave... & now the hype-fests of IDF & RSA are almost over & Wave is in fact lower than the closing price when the SEC formal investigation was announced on 12/18 & looks like it'll close @ or near the low of the day.
one can only wonder if the "whisper number" for Wave's revs is circulating & causing the obvious erosion of the pps.
the writing is on the wall & wavoids are ostensibly illiterate to the message it carries -- then again, i'm always wrong...
SO buy! buy! wavoids b/c wavx can't get much cheaper... until tomorrow.
lazily,
SPIN
edit: jeez, whole lotta shares trying to squeeze out the door @ $1.45:
http://data.island.com/ds/tools/bookviewer/htmlbook.jsp?STOCK=wavx
edit4: i do enjoy aggravating hypers, "New."
shute - not sure what to make of Toshiba claiming a (c) in ETS. maybe a license? if so, would seem material & worthy of a PR. why the supposed "stealth"? it would seem if Wave had stuff to announce they would do so, esp. as they have dropped 3 pure fluff PRs recently.
Zen - large holders can juice a pps in order to distribute w/some initial concentrated buying, which then ignites a relief rally (esp. during an eagerly anticipated period of hype like IDF & RSA after a big % decline), volume picks up, people think something is about to transpire & the pps U/Ts, which accommodates high volume "distribution." IMO wavoids playing the trade show momo is only one ingredient (albeit an important one) in the mix.
NostraDoma - i asked who you asked. sorry if i don't read every single NostraDoma post. please see my above comments about licensing & materiality & PR. keep thinking i'm 5 Par if that helps you sleep...
edit: shute - that would be somethig thignificant IMO. i'll look for yer follow-up.
edit2: shute - i definitely do not consider you a hyper fwiw... never did either. if more wavoids possessed a scintilla of objectivity (as i believe you do, despite the prior NSM predictions), they wouldn't get such a bad rep in other circles.
edit3: kevin - the SEC apparently found there was enough to upgrade to a formal investigation. when zealots like New Wave declare that these inquiries are "BS!" it is they who lack credibility in the face of somethig like a formal SEC probe.
edit4: New Wave - just read yer theory on how declining TPM costs bolster the services market... do you really find that conjecture to be credible? SO, if gas prices drop, people then spend more on car washes & detailing?
edit: who did you ask?
are you claiming that someone at Wave told you Toshiba was "copyrighting" Wave's tech? if so, please disclose who told you this.
actually, i wasn't citing the $1.40 in AH for the premise that the PPers may bail @ wholesale, just to rebut yer notion that no PPer in their right mind would sell < $1.90.
IMO the recent spike & 24 hour round trip could very easily have included PPers unloading & wavoids scooping 'em up.
btw, Nostra, don'tcha think it's possible yer yahoo nemesis reads this bored for amusement?
edit: barge - was wondering if you just recently had an epiphany that wavoids have attacked you w/the most "cold blooded" invective, or whether you've known this fer a while?
tia
looks like a Dad & 2 daughters vs. a Dad & 2 sons.
maybe WaveXcess could do a pay-per-view?
jeez, how many firms is that now?
11, 12?
it's gotta be bullish!
edit3: one thig is fer sure...
i'll never bet my posting rights for a year on millions of Wave revs in a Q that resulted in about 99% less than that!
again, you neglect to respond to that issue as posted. as some sort of wavoid moral compass, the fact that you never bother to restrain any of the blatant froth is almost akin to you inciting the same.
my "m.o." is to rebut wavoid hype & naked propaganda.
edit: Doma, sure do... what was the basis for you claiming that Toshiba is "copyrighting" Wave's tech? i found that to be very confusing fwiw. please elaborate. tia.
edit2: NostraDoma -- been tracking this company longer than you & the yahoo crew... no response about Johnny? he's a nasty one w/all sorts of phobias & latency issues IMO.
yaya - i'm not allowed to employ double entendres anymore, so i can't provide any quick quip... sorry.
edit3: NostraDoma, i just want to unnerstand what you meant about Toshiba "copyrighting" Wave's tech before i comment. it's not unreasonable for me to want to comprehend what you are claiming... is it?
Doma, do you post as "highballjohnny"?
now, that guy is "excited."
edit2: context, counselor... context.
i'm incredulous that when i post somethig that is categorically objective on a point which couldn't be more important to the future of yer investment, you still manage to chide.
unlike the vast majority of wavoids, i have no idea whether Wave will be exonerated & maybe even prosper, or whether culpability will be demonstrated & yet another insolvent dot.bomb "idea" will whither.
"hope & faith" are not very good techniques to assess an investment IMO... wasn't a very good sitcom either.
that you "sit back & relax" whilst so many here roll around in their irrationally exhuberant delusions is somethig which makes me wonder about yer compass.
btw, i was merely paraphrasing a wavoid poster's "advice."
btw2, you inferred way back when that i believed Wave wouldn't receive the PP funds until the shares were registered. fact is, i speculated that it was possible that Wave would end up being forced to disgorge the funds, which obviously didn't hauppen. if i didn't articulate that sufficiently, my apologies.
btw3, nice work getting me incarcerated... don't expect history to repeat itself.
edit: showing yer hand Mig? what about the incredible "grand slam" profits you stood to gain just a few days ago?
edit2: Mig, there's still a few bids on Island:
http://data.island.com/ds/tools/bookviewer/htmlbook.jsp?STOCK=wavx
i'd be reaching for the ejector seat button Mig / e
you sound frustrated NostraDoma / e
more like amused, Doma / e
HoJo - AH saved me a bundle last CC.
& it cost D&O a few bucks...
Doma, why sell @ $1.40 in AH?
when one coulda sold fer $1.55 just minutes earlier?
all those "strong hand" PPers would never sell you guys out... or would they?
& now it looks like TPM pricing is already becoming commoditized & it ain't even mainstream yet - gotta be bullish for Wave!
SO, why would anyone buy a TPM machine from IBM that didn't do anything new? Wave's ETS product must be flying off the shelves & just you wait till IBM puts Wave on its website, then you'll see gobs & gobs of revs.
& Wave announced the NSM news almost a year ago, revs should be gushing in any day now.
how can wavx possibly be tanking when barge had another meal in SF?
maybe wavoids should sue NASD?
didn't Wave announce some sort of "partnership" today?
thought tuesday was newsday?
just sit back and relaxxxxxxxxxx / e
Zen - why would i do that?
unlike wavoids, i'm willing to wait to see how it all plays out instead of prematurely ascribing liability (or exoneration) to Wave w/out the facts.
discovery awaits & who knows what that might produce.
you wrote:
"The mere fact that the suits are ALL FLAWED in their statements regarding IBM, renders them moot."
i disagree w/that conclusion & IMO when Q4 results are reported suspect that there will be -0- meaningful revs from selling ETS to the IBM installed base, irrespective of the so-called "partnership."
and:
"...there have been some big positions accumulated in the last six weeks, and I think that kind of money is fairly sure these suits, and the SEC, will amount to nothing."
haven't seen any evidence to support this contention. it remains entirely possible that those positions were taken ahead of the SEC investigation announcement & only reported afterward.
it also remains possible that the owners of those "big positions" could be fighting it out to be the lead plaintiffs, most notably CalPERs.
if yer version is so accurate, why is wavx tanking during the hype season & what do you make of that 12% trading spike (& subsequent round trip the next day)?
hi bargey - spincerely enjoyed yer lunch report & the various responses!
yaya...
unless of course Wave mgmt carries D&O insurance coverage & the litigators couldn't care less whether the corporation is insolvent by the end of the case or not...
inferring that the presence of class action claims is somehow a bullish sign b/c it must mean that Wave will be rolling in cash someday is sorta circular wavoid logic to justify holding the stock IMO.
if things are in fact so bullish, how do you explain the way the stock has been acting, especially during the frothiest part of the hype season?
btw, many D&O insurance policies have exclusions for willful conduct, some also exclude reckless conduct - fwiw.
"...falsify marks on the target."
haven't Wavoids (& Wave mgmt) done precisely that on "literally" *many* occasions over the years?
can't wait to see all those Q4 revs from sales of ETS to the IBM installed base... heck, they had four months & a "partnership" to leverage the 4M existing notebooks & PCs w/Atmel TPMs.
btw, the only "beating" i've heard about lately was the one Wave took to the tune of a hunnerd & forty two large.
could be just the first of many (IMO).
kisses,
SPIN
PS is Wave on IBM's site yet?
yep, it is yer neighborhood.
fully realize as much & apologize for posting what you construed to be vulgar & inappropriate.
can't agree that it was "unrelated to wavx" as it was a satiric comment about wavoid zealots' reactions whenever their Lord-CEO speaks.
it was also a play on words in response to a poster who claimed i took a "beating" by predicting that Wave's PP registration would be severely delayed (it was) & of the probability Wave would have to pay liquidated damages to PPers (& they did).
but i s'pose in certain circles the masturbation metaphor could definitely be perceived as vulgar & inappropriate. i'll stay away from such double entendres in the future.
anyway, mea culpa.
contritely,
SPIN
yeah, i can see how that would jeopardize the fragile stability of world-wide wavoid peace.
it could be said on any radio station or network television show, written in any newspaper or magazine & it didn't "attack" any individual, but somehow it was sufficient to violate the iHub TOU?
soon, it'll be safe for all the wavoids to return from their self-imposed exile:
http://www.cadcamforum.net/board/memberlist.php?mode=joined&order=ASC&start=150&sid=2db9...
"Oddly enough the most vicious and cold-blooded attacks have always come from Wavoids."
barge, is this a recent epiphany or something you have known for a while?
Matt, i completely agree w/what you wrote:
"The TOU will never, ever be applied perfectly. Impossible. The TOU will never be used to the letter, either, at least not with me in charge."
IMO what i wrote in the post which landed me here ("have you been drinking?") was wholly innocuous, but it's yer world, the rest of us just live in it.
kumba-ya m'Lord, kumba-yaaaaa...
arbitrarily,
SPIN
no revs expected from ETS via IBM?
ETS was available for the 4M IBM PCs which had the ATML TPM installed throughout all of Q4.
standard Doma rhetoric suggests that nobody would ever buy a TPM machine right now which didn't provide an immediate funtionality increase. there are 4M machines already sold which contain TPMs (v. TCPA 1.1), which were available as a discrete sub-market from the date of the now infamous august IBM PR.
assuming the wavoid theorem to be correct, why wouldn't there be measurable revs for sales of the $39.99 ETS to the installed base of 4M TPM machines when they had four months to sell?
if there is no significant increase in Q4 revs, one might conclude that Wave wasn't able to sell many (any?) of their ETS wares to that market. if that is true, one might also infer that adoption rates for all things Wave might not graph to a hockey stick pattern (even if TPMs do ramp overall at such a rate).
the fact that you write "...residual stuff like in prior quarters" indicates IMO you have no expectations for any meaningful revs from the IBM installed base. that you wrote, "they are or are very close to the point where something should be sold for money" also suggests such expectations (or lack thereof).
you also wrote:
"And if there were any good reasons why not (relating to market receptivity) this TPM jaugernaut is rapidly eliminating that excuse."
IMO "excuse" is appropriately selected. If Wave doesn't have any sales boost after a full quarter of selling opportunity for ETS (@ $40/"seat" where the "big" rev opportunities are s'posed to reside, right?) to the IBM base, that would help to explain why wavx isn't higher (as well as the obvious specter of the SEC & class actions).
speaking of, that was quite a relief rally Rach... full round trip in all of 24 hours (in the middle of IDF no less).
hardly a "juggernaut."
Do i think i am going to change their opinion?
not the zealots, of course not, but i find value in testing the strength of the mettle as it relates to the claims made about the fundamentals of Wave.
thanks fer the spellcheck on "ornery."
highly doubt Howie'd ever agree to meet anyone affiliated w/Wave in any way... even you.
too many Travis Bickle-types to risk it.
Bingoman, answer me this:
when you have a utopia to romp & frollick about, why would any of you even bother to post here?
http://www.cadcamforum.net/board/memberlist.php?mode=joined&order=ASC&start=150&sid=2db9...
is the answer recruitment of newbie capital?
edit: what about ornary orators of obtuse & opportunistic optimism?
btw, Mr. Golden, these are the same wavoids who objectively presumed that you were/are HhH based solely on a reply to one of your message board posts (elsewhere) which insinuated as much. it would seem that their sharpened pitchforks had enough impact upon you to compel you to meet one of them in the "meat world" to counter the contentions?
btw2, wasn't Agnew also a drug addict?
edit: B-I-N-G-O, not sure how you reached all those conclusions, but i think it is prudent w/any investment (or the consideration thereof) to independently verify claims such as whether the shares are in fact liquid.
following your method, wavoid claims dating back to 1998 or so should result in a current share price of around $1000 or so, yet here it is (well) below $2 -- it was > $3 when it was on the otcbb (in fact was as high as around $20 on otcbb if memory serves).
yeah, SPIN is an immature, idiotic, talentless, less than a man, & one who can't apply his intellect, etc. & even according to nelzoni, garbage.
nothing like the wavoid brand of "civil discourse."
New Wave also posts no e-mail & claims the LD payment is $140K (2% of $7.1M = $142K). no PR & SEC filings on friday which expressly state that the shares' registration has not been approved (despite claims they were approved on thursday). all that exists are two wavoid posts which contend the shares are now liquid.
Rach, i expressly allowed for the possibility that the "confirmation" was accurate - you apparently missed that.
the fact that numerous factors exist which are reasonable cause for skepticism & you consciously choose to ignore them, calls yer objectivity into question. you are an ID on a message board. i don't know you from eve, but i do know quite a bit about wavoids' penchant for exaggeration & hype.
as for, "writing boundless gobs of garbage in specualtion," the majority of wavoid predictions over the last decade fall squarely into that category.
SO kettle... meet pot. i doubt yer post (or any of the other blatant ad hominem screeds) will be deleted. i don't bother to TOS & doubt anyone else will b/c wavoids love their hypocrisy.
edit2: 4:39:34 PM ---> 8:30:15 PM
SO, sometime between those hours (on a sunday, mind you), Rachelelise supposedly received "confirmation" of the SEC's approval of the S-3.
& of course, Doma, you (& others) perceive it as a "fact" (b/c it's presumably a positive development for your equity position). nevermind that there is nothing independent to support it (not even a cut & paste of a purported e-mail) & nevermind the fact that *friday's* filings expressly indicate that the registration has not been declared effective (which sorta contradicts Rach's claim that they were declared effective the day before).
this too, is not at all unlike the rumors that Wave/SKS "wrote the TCPA specs" or that Wave "co-chairs a critical TCG subcommittee" which are promulgated by voids again & again until they reach presumed "factual" status & certainly need no independent verification to be purported as "facts" b/c they are possibly positive for wavoids.
& barge it definitely *does* matter b/c people use these unsupported (hyped) contentions as a supposed foundation for SKS' statements that "Wave=the TCG glue" (& i'm not gonna even address yer comment about whether i understand the difference b/tw TCPA & TCG... you should know better by now).
rachel - maybe yer sunday "confirmation" is correct (despite the absence of independent confirmation & public info in direct contradiction) & as you already know, i repeatedly reserved the possibility that my take on the 2% "look back" was not correct.
Doma, you seem to believe that i'm wishing for Wave's demise... as is often the case, you are simply wrong.
edit: awk, that's a pretty impressive figger. one can only wonder if those increases preceded the SEC investigation & are subsequently under water OR if many funds disregarded the investigation & bought it on the cheap?
edit2: hamster... ummmmm, NO.
GKS - yeah, no big deal if SpragueExcess is the enabling technology behind a worldwide MLM scam... he he he.
nice analogy about water & lighters & stuff... that makes sense! LOL.
nawwww, the class action lawyers can't latch on to the relationship b/tw a completely sketchy MLM scam & Wave. no fodder there.
the contradiction that is wavoid logic
whenever anything is posted that has a negative slant as to Wave, it is attacked by guard dogs & must be linked & proven & proven & proven again. yet, bargey, you post this unsubstantiated claim (which has been tossed around for years as "fact").
"WAVE was largely responsible for writing the TCPA specs."
please proffer something independent of drooling wavoid speculation to support this claim... & while yer at it, why not throw in some support for the contention that Wave co-chairs a critical TCG sub-committee? that too has been passed around as if it were fact, yet nobody seems to be able to provide anything (not even a year old PDF schematic!) to prove it.
as to Weby's point about "...most standards groups are to PREVENT the writing of new standards," IMO that is true about TCPA b/c the founding members each had a veto (like the U.N. when the U.S. or U.K. would veto anything brought forth by China or the USSR & vice versa & nothing progressed), so in effect, the TCPA structure was preventing the writing of new standards (somehow v. 1.1 did manage to wiggle through TCPA, but IMO the writing was on the wall that the TCPA structure was doomed from its inception). it was always MSFT v. the hardware crew & understandably so b/c there is potential billions & billions at stake in TC.
internet & cpa - yeah, i don't doubt that there were tons of those sorts of predictions & IMO those predictions came from those that don't seem to fully appreciate the gravity of Wave's current quagmire (many of which would rather post nonsense about what jackals the law firms are & how BS! all the investigations are & how wavoids should sharpen their pitchforks & file a countersuit against MW (that'd get bounced on a 12(b)(6).
meager volume & a downtrend just before the big annual hype-fest says it all. sorry to spidey for calling him on it, but hype is hype...
Zen - you may be comfortable residing in Firenze, but IMO Wave's inner circle has placed their own interests in front of yours as a shareholder time & again & it has finally caught up with them. you can rationalize it all you want, but if the family biz was run like a publicly-traded company, this mess wouldn't exist. they own a ton of stock, why can't they just participate on a level playing field w/you & anyone else who owns shares (in addition to their non-performance guaranteed bonuses, free apartments, etc)?
that is s'posed to be the deal when a firm leverages public equity markets... the days of family biz cookie jar grabbing end w/the IPO, or at least they should end. yer entitled to rationalize it all & figger that if "the prince" gets rich, so will all the peasants, just as i am entitled to criticize what is IMO a naked disregard for fiduciary duty.
THAT is my "gripe" w/Wave... as it always has been.
& contrary to c_m's Valentine theories, i don't hold it directly against the shareholders, i hold it against the executives that IMO have consistently stripped away publicly held resources for fifteen years.
what i do oppose in terms of S/Hs is the sprague-apologists & double standard-bearers who will say anything to hype the stock & sweep anything negative under the already lumpy rug. "DD" necessarily includes both sides of the coin & if voids weren't so quick to sweep more & more lumps under the rug, maybe mgmt wouldn't act as if they were exempt to the constraints of fiduciary duty IMO.
apparently you (c_m) take issue w/people you perceive to be posting from one perspective, yet trading opposite to the posting perspective. you are entitled to take up that cause & it's not all that unlike mine ('cept mine is focused on the execs who IMO mislead & gorge at the trough - essentially the same thing albeit on a much larger scale).
& btw, c_m, i haven't been long, short or holding any puts or calls of Wave Systems since well before the SEC investigation was announced.
that's it fer tonight.
kisses,
SPIN