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HP has more to ship between now and the end of the year. I believe we will be in thier boxes. My opinion only. IBM is marketing secure computers. I believe they will be offering Wave's trusted services very soon now. The more IBM and HP ship in the next few months the 'others' will force others into the market.
Nation has customers with orders in the house (don't know who their customers are) Those orders are going out beginning in Aug-Sept. We will have to wait and see who's boxes they are.
So, we have IBM, HP, National's customers and a whole lot of white box makers. We will be in a lot of boxes and they will finally get it. Otherwise why are we in the box?
Once a snowball begins it's roll down hill, it grows rather quickly. This is not rocket science. Once one has something the other has to have it or lose market share, simple as that.
Snackman
SKS said we will be in MANY boxes. Many to me means more than IBM and HP.
When that happens they will all get it, and so will we, in revenues from sold trusted services.
Snackman
You got to love this. LOL
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By: ragingbullrep
23 Jul 2003, 02:17 PM EDT Msg. 36649 of 36729
Jump to msg. #
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I believe "the others" sks was refering to was the box makers. He believes they will get it soon, as HP ships along side IBM then everyone will want secure computers. THEN, and only then, will they all get it and we will be in the boxes.
The Bill Gates of the World, AMD & Intel 'get it'. YOu then have to get the box makers to understand why you are asking them to spend more money to put it in their boxes. That is where the 'others' don't get it......yet.
Snackman
I'm only the messenger.
ASISEEIT, this was a different kind of Govt.list. There was a name for it but I missed it. Maybe bttb, xam, or Barge will remember the name given to this group. It was very new as I recall.
Snackman
He was asked when we would get an announcement. He said more than a week and less than 6 months. I took the six months as tongue in cheek and more than a week would be a week from today or later.
I think the answer to your last paragraph is a no.
Snackman
N4, as I am investor of Wave Systems, SKS has not lost his credibility or respect with me.
Snackman
bttb, thanks for the info. Please post more often.
I would have given you credit for being there but I did not know your handle. Sorry.
Snackman
crazylarry I would suggest you read your posts a couple of times before you post. I will not get in a shouting match with you. I will not see this thread get in the gutter with meaningless one up man's ship posts. Please cool it. I don't know how to say this to you any other way. I as sure you want to stay here so please understand where this forum is coming from. We do not need to debate this any longer. YOu can reach me on private e-mail through this forum. Give the board a break will you?
Thanks,
Snackman
Thank you for your view Crazylarry. We have heard the 2.25% many, many times from you. I hope you do not keep repeating it. See my last post to you.
Snackman
hawkskaw yes, we are shipping the pieces now and we should see something on shelves in August. This is what I read between the lines, it was not explicitly said, that is my take.
But he did say MANY PCOEMS, that was plural without a doubt.
Snackman
MIg, my feeling is that even if Wave has to delute 50% from here over time, if Wave is really successful, that beats going out of business. I'll take 50% any day against zero.
Snackman
crazylarry, I could care less if you are bullish or bearish. That's wrong. I hope you stay bearish. We need bears to move this stock. When the right news comes out the shorts will have to cover. I hope you never go long. I mean that.
You can say anything you want about Wave. Just don't keep repeating the same thing over and over again. Once is enough, twice is too much and three times is a delete. Enough said.
If you wish to debate this further please use the private e-mail and not tie up the board with this.
Thank you,
Snackman
Mig, you should all forget about the street. The street does not know Wave Systems from my handle: Snackman. The reason for this is no analyst will follow a company without any revenues, sales or profits. Why should they? There is nothing there until that happens. Once the 'street' sees revenues from trusted services or licensing, then Wave looks like a different horse.
Forget about the street. They won't see us until we're much higher and much richer.
Snackman
He said he expects a 70% activation rate of premium services.
HhH, eliminated himself. I had nothing to do with it but I can say I am sorry to not see him him gone.
Snackman
That's top secret although Barge had a smile on his face all evening.
Snackman
GAK, I'm glad you brought up the SHM. In talks with SKS last night he said that they will not print the proxy until the SEC releases the paper work back to them. The guy that was reviewing it was out last Thursday and Friday. They hope to have it today so that they can print the proxy (they do not want to have to print it twice) and have the meeting on August 4th. If is delayed there is nothing Wave can do about it.
By the way, Wave has not recieved any delisting notice. All Wave has to do is close above a buck for 10 days the clock has to start all over again. Maybe we will get some news that will help that soon.
SKS said they can not control the stock price. If news comes out and the stock price does not move, there is nothing they can do to make it happen. They are keeping their noses to the grind stone and just want to make sure Wave is successful. The stock price will take care of itself with success.
Snackman
Crazylarry, I think you need to read this post a couple of times regarding censorship. This post is from IHUB, Read it very carefully.
Snackman
--------------------------------
Posted by: IH Admin [Matt]
In reply to: HhH who wrote msg# 133
Date:7/22/2003 1:09:47 PM
Post #of 340
Quick Intro to iHub:
FAQ:
We have a very extensive FAQ with 5 subsections. Please take a look. Many of your questions are answered there.
http://www.investorshub.com/boards/faq.asp
Moderator/Censorship/Deleted Posts:
The concept is very simple. Post about stocks and you'll have no problems. Post about other junk, insult people, spam, etc and you'll find yourself suspended (jail) or terminated. This is not censorship. This is called keeping things focused on the subject of stocks. Talk pro or con about WAVX, I don't care, just keep it ontopic and about WAVX, not about individual posters.
What can the Moderator/Assistant do? They can instantly remove posts that they feel violate the iHub TOU, not their own personal rules and such. That's it. IT works VERY well and is where iHub got its start. Once a post is hidden by a Moderator, I have to review it before it is truly removed. If it didn't violate the TOU, I restore it. Very simple. So, in other words, the only person who is doing deleting is me. I am also the only one who can ban users. If a Mod does a poor job of this, I remove them. But 99% of them doing a great job.
If a post is removed and you disagree, the worst thing you can do is bark about it on this board. Wrong place. Take it to my inbox via the iHub private message system. Just click my profile and click SEnd Message. Chances are, if it was unfairly deleted (rare), I will restore it without any word from you.
I think that addresses most of the questions here so far. Yes, a bunch of posts just disappeared and one person was suspended. After this message, it should be clear why and I doubt I'll have to do it again.
Bottomline: This site is here to talk about stocks. If you want to trash people go back to RB. If you want to get offtopic, we offer a number of offtopic boards. Those of you that are serious about stocks, you'll enjoy this site.
MB
On a much more friendly note, I encourage everybody to click everything on the site and play with the features. We have an incredible feature set as all of you are figuring out. Go ahead, click some stuff, you won't break it! Lifetime subs (one-time payment) is opened back up for a short time, fwiw.
michaele, if he doesn't change IHUB will eliminate him, not me, as I believe HhH was already eliminated by IHUB.
Snackman
To All,
Last night we had a private room at a great restaurant in San Francisco. Steven talked to us for four hours. This was a small group of investors, about 9 to be exact. Other than Barge, me and XAM, the others do not post on the boards.
These are only my impressions and I will gladly welcome corrections from XAM and Barge.
I sat next to Steven and Barge was on the other side of him. I could not get in a word edgewise because Barge kept talking to Steven about WEB Services. Actually this is a joke.
I got in a lot of questions as did XAM and Barge. In four hours a lot can be discussed. I keep hammering him on finances and here is my impression on what he said.
He said that a SP investment is probably not going to happen. The reasons given were that it is very difficult for a company to invest in a Public company. They have guidelines, committees and a lot of bureaucracy involved with it comes to investing in public companies. Now, if we were a private company, the deal would be much easier to do. I don’t think it is going to happen but would be surprised and happy if it did.
He admitted that we probably need between 4-5 million dollars, in the short term, to take us where enough revenues will kick in satisfy our burn rate, which by the way, is coming down as fast as they can manage it. His goal right now is to get that short-term money without having any dilution, Zero. In order to do that he needs to get the money from the sale of assets. I got the impression that sale SOL is the best possibility and that other things are in the works such as finding a buyer for our SSP stock. He would love to see SSP bought out. He mentioned that with our holdings, anyone of the other major holders of the stock could take over the company if they so desired. We are the swing stockholders of SSP stock that could make the deal happen. He said we still have good relationships with SSP.
I asked him about Maximus and DoD. He was give permission to show us a slide where it listed companies that were able to do business with the Govt. Unless you are on this list it is not possible. The list was headed by Northrop Grumman and many other names you would recognize. These companies hope to have a plan for security by April 2004. That is the first deadline they imposed on themselves. (I hope I have this right). We were right in the middle of only about 10 companies.
Back to financing. I got the impression that he is not worried about raising funds before October. I asked him why we need more money now when we were told that the last funding should carry us to the end of the year with projected revenues. He said some of the deployment by the OEMs is being pushed into Q1 of 2004, NOT ALL, but some. But on the bright side, he expects to be shipping 1 million units a month next year.
There will be MANY PC OEM’s deploying our Tech in the box before the end of the year. The numbers will really gear up in 2004.
Infinion and National are prime sellers and he mentioned STMicro as a strong contender to be coming on board.
I told him some insider buying would go along way with regards to the moral of the stockholders and to the street. He said that some insiders have been trying to buy for the last four months but their lawyers have not let them do it because with material news coming out it would look like they bought on inside information.
I got the impression that we will get an announcement next week. He said we would get one more than a week from now and less than 6 months. I would bet a lot of money on next Wednesday or Thursday. I do not know how good it will be but I believe we will get something. I think the announcement could be regarding SOL but that’s just my guess.
He said he was in the Bay area to work with a company that is working with HP on touch computer screens for voting. Barge and I did not buy this explanation as to why he was in California. We think there were other reasons but he could not talk about it. Again, that’s just Barges' and my opinion.
He reiterated we are the glue that holds TCG together. Without Wave there would be no TCG. He says the others do not understand what Wave has developed. They are in the dark as to what is needed and what we have. He felt as soon as HP deployed enough units along with IBM that all the others will fall into place. The reason he said they don’t understand it is because the box makers are only selling boxes and they don’t understand what is inside to make them work. They are only interested how much each screw costs. He seemed very confident we have begun the rollout and that it will only increase as time goes on to the tune of a million units a month next year. I believe he said the only difference between a trusted computer and one that is not, is about $25.00. Which one would you buy?
Oh yes, two more things. We talked about putting a shareholder on the BOD. There are positives and negatives. The positive is that it would make a great story in the Wall Street Journal and the negative is that it would not play well with institutions and major partners.
NEC. Seems FINREAD is a long way off and we have the only working unit. The Banks are not moving fast enough in this direction. However, he believes NEC will be interested in TCG though out the area they service and that this will happen before FINREAD.
The Compac/HP deal with Israel is still there but in limbo due to EDS. I got the impression it will happen but the time line is unknown by everyone.
As I keep trying to end this post another thought came up. There is no way Wave will be bought out now at this stage of their development. A buyout possibility will only occur after millions have been deployed and we are running cash positive. I totally agree with this assessment. Again, the POSSIBILITY will be there at that point in time, it does not meen it will happen then or ever.
As Barge and I drove round trip from Los Angeles to San Francisco and did not get home until 5:00 A.M., I am sure that I will remember more things when I wake up and will put them up.
I will say this. My son was there, and he had never heard Steven speak. He is 31 years old and owns a lot of Wave, for better or for worse. He told me, and this was unsolicited, that if he did not own Wave, he would go out and buy it the next day after listen to Steven for four hours last night.
That’s all for now.
Snackman
Ramsey, I will have some things to day about SOL and other things within the hour.
Snackman
Crazylarry, I am tired of your accusations. That post was deleted by IBUB, not my me and not by 2B. You best think twice before accusing people on this thread. Attack posts will not be tolerated and that is not me saying it but IHUB.
BTW, yesteday you used my real name in a post. Unless someone gives you permission to do so, which I have not, that is an invasion of privacy and such posts will be deleted as per the rules of IHUB.
Snackman
Lucky, there is a chat room connected to this thread that you can chat about sports, politics etc. without doing it on this board.
BTW, if you all notice, there is a button where you can reply to a poster on the public board or a private message to the sender. You all might want to consider using the private answer to a poster when you are simply saying thank you for something they did. That way it does not tie up the main board.
Thanks
Snackman
I had nothing to do with the anchor post. One should not accuse without basis of fact.
Snackman
2B, thanks for finding it. I am a life member. Others may want want to consider it at $120.00 while it lasts.
Not an offer of solicitation.
Snackman62
It is not my board, I am only the moderator. This board will remain civil and respectful. Repeating of an issue over and over again will not fly.
Snackman62
HhH, just to let you know, I will be monitoring this board. As long as one sticks to the subject of Wave Systems and it's partners and is not disingenuous one will not have a problem.
BTW, as someone has taken Snackman, I am Snackman62, the one you have grown to love and hate.
Also, if a topic is repeated over and over again, trying to manipulate this board, it will not be tolerated.
Snackman62