Yep, now we get to judge Wave's valuation.

I have always said this thing would end sooner if Wave actually got deployed. Then we could see if no one uses the software. Then we could see Intel pull the board from its line up.

Rachel, you guys were saying that years ago about Wave and its hardware.

TTT

Wave is just another software provider. And a small bit player at that.

That reality will hit the stock sooner or later.

CPA, I would believe it for 25 cents/share.

And attestation is what you guys think Wave owns.

So the datacasting patent is worthless. /e

Seems the waiting game never ends. /e

People working on 'Wall Street' actually have enough companies to analyze, with earnings and credibility. They don't have time to sit and contemplate fantasies with you about little speculative outfits like Wave actually selling something.

That is so sentimental. ;-^

You guys didn't run this up for me today, did you?

I'm touched.

The funny thing is that many of you will never sell, even after this gigantic speculative jump in price. Dreams are big now, but Wave will disappoint once again.

Snackman, you've never sold a share, right?

See ya!

Without sales? Hello internet bubble valuation on Wave RIGHT NOW.

Forget the fact I don't think SKS can turn a profit even he did sell something. He reminds me of Ted Waitt, the founder of Gateway, who can sell ANYTHING, for a loss.

rachel, I have stayed consistent and RIGHT, notwithstanding the crazy speculative increase in shareprice. You guys are the ones that brush things off. Every time Wave fails to do something it said it would do you guys always look the next 9 months down the road, to the next conference, to the next demo, to the next call. You brush off everything.

You have been doing this for years. And have never learned to distrust management. For the life of me I can't understand why. I can only think that it is because of the marketing machine that is run on these message boards for this company.

Great to see another DEMO. LOL> See ya!

HP is competing with Wave? /e

Any revenues yet? Any software sold yet? /e

bigtim, I give you credit for making sense. I agree. Microsoft didn't necessarily have Wave in mind when they made their OS the center of the trusted computer paradigm. It hurts Wave none-the-less though. The extent to which Wave has been shunted into a doomed situation is what we disagree on though.

I think Wave-as-software-security company is a terrible bet for success. Symantec, Network Associates, and even Microsoft will dominate this new field based on their huge lead in firewall and anti-virus software packages. The 'trusted' features will be added into these packages seemlessly. Wave doesn't have a chance competing with these installed bases in my honest opinion.

ambler, I have been over the deficiencies of this stock and company so many times it is silly to simply keep repeating them to deaf ears. When NEW information comes up I will address it.

These past few hype job PRs were hardly worth commenting on except that I thought they were misleading.

We can only hope Wave buys SSPX. That would be a hoot.

Just a blip up on a downtrend to zero.

See ya!

Keeping up with all the insider selling is hard. They're selling so much so fast.

Why are more of you guys selling than buying? Or is all that extra supply just insiders dumping?

Wahoo was one of Wave's vulture investors!? LOL!

A person you thought was your friend was liable to take you guys to the cleaners. Still may.

It did break $1 and it will again in time. /e

Anyone want it to break $3 today? /e

glo, the CC didn't make you feel warm and fuzzy because, as I have said for the past year, what you guys are dreaming about isn't anywhere close to what it's going to be like in reality. Wave is a boring company, but a good 'story' stock. When the 'services' finally come out you are going to wonder why you invested.

This is Steven Sprague -- bald.

http://www.dilbert.com/comics/dilbert/archive/images/dilbert2003081524616.gif

And remember that Wave is playing the last cards in its hand --which it bought from a bankrupt company. These services were simple ones in order to demonstrate the supposed 'power and functionality' of the embassy os. Well, the chip and the embassy os were DOA and these crappy services were all they had left to pitch. I would hardly call this a homerun. Especially because Wave is an early mover in an immature market. By the time the market becomes educated you will see all the major security software companies like Symantec and Network Associates dominating this field. They will tweak their software to work with TPMs just like Wave tweaked the software it bought out of bankruptcy to work with TPM chips. Resource-wise, Wave is at the wrong place at the wrong time.

See ya!

Typical Wave. Should have postponed the CC. /e

$50,000 in sales for the first six months of 2003. A net loss to common stockholders for the first six months of $12,668,000.

If Wave can lose $12.6M on $50,000 in sales, how much would it lose on $500,000 in sales? Surely Wave doesn't just have employees at this stage of the game just sitting around doing nothing. They must all be working hard.

Well, that solves that one. I had said to Matt the moderator that I understood he cared more about profits than the truth. He claimed that he just wanted a clean board with no personal attacks. The fact that you guys keep up the personal attacks and can't respond to the issues like the post I wrote to Jas shows that I was right.

Alas, I understand they are running a business here, but they should just admit that so we all understand that you guys can bash me, though me not you.

Wahoo, what choice does the industry have? These kind of maintenance and attestation issues are something that Microsoft rightfully claims will be integral to the operation of its trusted OS. Who gives you the various sorts of patches now for Windows XP? Microsoft does. And Microsoft wants to control the attestation of the PC so it shall. There is no debate here.

Wahoo, and those basic utilities and services infrastructure is where Wave runs smack into Microsoft who wants to provide that basic stuff for its trusted OS. Wave has no power to say otherwise.

Jas, don't confuse the fact Wave didn't want to MAKE the chips with the fact Wave wanted to port onto the chips the embassy os and to control access. The plan was 'once the embassy os is in the pc there is no getting us out. Everyone will have to pay us for access. We'll call those access charges: applet fees.' That dream died last year.

Wave designed the chip purely to host the embassy os and hoped someone would take over the design and making of the chip in the future so Wave could just be a 'Microsoft of the trusted chip operating system.' That farce was killed last year.

Wave bought some software from a bankrupt company so there would at least be some basic services at the beginning to run on the embassy os while Wave waited for third-party software firms to design their own 'services' to run on the embassy os. SKS thought, 'well we made the chip because we had to run the os on something. Hopefully soon we can get out of the hardware business, but, in the meanwhile while we wait for the industry to come around let's complete the 'offering' by porting some basic services to demonstrate how the os works.' Hopefully in the end he thought Wave would just control the os and some basic services and let the money roll in with access fees. That joke died last year.

So yes, Wave never wanted to be a hardware company, but a tremendous amount of time and money went into designing the chip for the key embassy os. The basic services Wave is touting now were an afterthought. They came late in the development of embassy: 'We have the chip, the os, let's show what it can do since no one else can. We don't have the resources to develop our own, so let's just buy some software and tweak it to work with a trusted chip. Where can we get some cheap software? Hmmm, oh there's a bankrupt company!'

Fact is that Wave projected that many third-party software developers would show up to make services for the trusted chip. Problem is that Wave is just one of those third-party developers, as the key embassy os never made it into pc's. At least one of SKS's projections is coming true: lots of software security firms like Symantec are coming. Too bad Wave is the ugly short guy at the dance with the comsumer.

Wildman, wow, but it's not exclusive. Look to your own buddy Doowop who ackowledges that Wave will have Symantec and the other majors competing with Wave next year. Good luck.

Your best bet would be a sale of the company to a security software firm like Network Associates, but SKS is too arrogant for that I think. It appears to be all or nothing for him. Guess he'll have to settle for nothing.

Doowop, what good is the infrastructure if it was built to work with a chip that nobody wants? The tan was built for embassy. Period. It wasn't built for third-party TPMs. So that R&D was wasted. The tan doesn't work with NSM or anybody else's chips. What SKS calls a 'scaled-down version' does, but I expect it is hardly rocket science.

Now, you can claim knowledge is valuable. I would say it is too -- to an extent. Wave though has moved away from its main hardware knowledge to peddle software that it mainly bought from a bankrupt company. Literally the software came out of a chapter 11 situation. Is SKS a good yard sale bargain hunter? I doubt it. Did he find something useable if kind of clunky? Yes. But Wave's dozen or so software engineers are no match for the resources of Symantec with more than 4,000 employees and other majors in the security software field, a field that Wave has stumbled into mainly out of desperation when its hardware investment failed.

Wave was a hardware company as you guys touted last year. It HAD a lead in that area. It failed. The software side is not Wave's strength, never was, never wanted to be, and Wave will get killed by players like Symantec who plan to implement the very same functions as Wave wants to sell. Expect Symantec to have security functions working with TPMs by Spring 2004.

DooWop, the TAN is dead. Ask Steven tonight. He will tell you that the TAN was designed to work with EMBASSY. If EMBASSY ain't in the box then the TAN, as you hype it, is worthless.

nick, funny, but not true. Wave's activation rates are NOT the property of NEC. Could Symantec report the activation rates of its preinstalled software on HP computers? Answer: Yes. So could Wave if SKS was proud enough with the numbers.

I hope SKS gets REAL EXCITED. And I hope we have some large firms and funds listening along because they are going to hear some numbers I hope that are off the charts even for Mr. Exaggerator himself. Then when Wave falls short by a months if not quarters and millions of dollars less than SKS hyped, this story will be over.

See ya!

I am going to laugh my ass off tonight. These calls are so funny because SKS is a BS ARTIST. One of the best at evasion, obfuscation, and generalities.