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To get to the dreamed $20,00 share price, we would need $300 million in sales.
"Wave's model of layers of security tries to fill the various levels of needs. It's a good model. SKS has bet a lot that this model will eventually win the hearts and minds of people in the real world also in cyberspace"
But is it not based on communicating with another secure devise, another devise with a TPM on board?
Please humor me, I would love to understand how Wavx will become a $300 million dollar sales company with a $20,00 stock price. But at this point the market looks very narrow.
Please help me understand how a company like TD Ameritrade, where I can view my accounts from my desk top, lap top, smart phone and pad, would benefit TODAY from Wavx enterprise management?
They encourage their customers to view very sensitive materials using most any old devise, and guarantee the funds, even if hacked using my own pass word. They must feel very comfortable with the gate that they are using today for security between two non secure devises?
What would the sales pitch look like, and what would the layering look like for TD Ameritrade, BofA, Merril Lynch, E-Trade, etc, from Wavx? This is some of the most sensitive material on earth, you would think it would be a hot bed for Wavx.
But they seem to encourage transactions, e-mails and account access from any old devise. They must already have an adequate gate?
I agree,the military and Governments would be a great place for this technology, but that is a narrow market, and a $300 million sales company it will not make.
Someday, when TPM's "or the like" are installed on all devises, maybe then....
But someone may solve the none TPM devise issue now, and make it all mute.
I have a trading account at TD Ameritrade and can view my accounts from my desk top, my lap top, my smart phone and my pad. They encourage their customers to do so.
Until TPM's are installed on all devises, I don't see a company like TD Ameritrade benefiting from Wavx enterprise management?
Can you please tell me why I am wrong?
BTW, TD Ameritrade guarantees the funds in my account even if my password is used to hack the account. They must be very secure in their current security methods.
Thank you Weby, this is the most honest explanation I have heard yet.
Observations:
"The thing that you are missing is that that has not been the purpose of TPMs"
I assume that that is why Wavx stock is stuck in the mud, since most all of the current hacking's are occurring this way?
"TPMs are for preventing folks from sending emails to networks on which they do not belong"
I agree, in a world of fully deployed TPM's, every e-mail would be verified and safe, but that is not the world we live in today, or most likely tomorrow.
"Wave is currently working on providing this kind of a network service to those who want it"
CEO's today seem to be demanding open networks, not closed TPM friendly networks?
"I've learned that a little bit of security is always better than no security"
I agree, but why would a CEO spend any money to implement a closed network, when the world is sliding towards open networks?
"I just try not to open anything that looks even a little weird"
This seems like very good advise for CEO's to employ, in an open environment, and much cheaper than Wavx.
Weby,
Can you please tell me where my logic, based on my critiques of your post, has gone astray, and bring me back to fully invested?
Sorry to say, they decimated nothing, and I apologize if I don't have all of the terminology correct. This should be a very logical issue and answer, but all I get is tech BS and links, no one can give a logical simple answer. How does a TPM block a fishiong e-mail coming in from a none TPM devise? I assume that if it could, the world would be beating a path to Wave's door.
Please give me the secret sauce, so that I can be a solid full time convert.
But aside from that, how does Google's Chromebook help Wavx?
Good god, no where in Kevin's question did he ask about cell, but Steven took it there anyway. I guess because he didn't want to answer the question?
In English, I wish someone here could just give me the answer.
If an e-mail comes into my desk top at IBM, "FROM WHOEVER, and I accidentally open it, and the fhishing virus is quietly implanted into our system, HOW IN THE HELL DOES A TPM STOP THAT FROM HAPPENING?
I understand if both the communicating and the receiving devise have a TPM on board, how this would prevent it from happening, but all incoming e-mails don't come from a Trusted devise.
Please, rather than giving me a link or some technical BS, in English, someone should be able to answer this question?
Still no answer I see.....
E-mails come in from all types of devises, with and without TPM's. A hacker from China sends one to an unsuspecting executive at IBM and he mistakenly opens it.
The system is compromised.
Your answer gives no answer to how a TPM would stop this. You just gave me the same old gobbeldy gook party line answer.
Can you please try again? And if you can't, I would guess that is because a TPM can not stop this type of attack?
Wave,
One question continues to go unanswered. Can you answer it for me, or anyone on this forum?
The majority of system breaches are coming by way of fishing e-mails, including all of the recent Chinese hacking.
How does a TPM stop a fishing e-mails from hacking into a system?
Thanks I will check it out. I agree that there are numerous options for security today, and they are growing at a very rapid pace.
My point, as it pertains to Wavx is, will TPM's become obsolete as these other options come to the forefront.
Every-time I hear Steven talk about successful TPM type systems, they are always closed systems. Today it's all about open systems.
Even if TPM's are part of the ever expanding security world solution, it is looking more and more like all forms of company's are jumping ahead in the Enterprise management end. "which was to be Wavx golden nugget"
The hopes for Wavx to be THE leader in this industry seem to be fading fast.
Maybe it took to long to educate folks, or whatever, but it seems like multitudes of companies are beginning to jump over Wavx's rotting carcass.
In this months Fortune Magazine, it foretells Wavx demise in an article titles,
Pick a Devise, Any Devise.
Less than a year ago Steven didn't even talk about iPads or Smart Phones during his conference calls. During this springs conference call he was somewhat taken by surprise by the speed of pad's growth, and how it had effected royalty's from Dell.
During this past conference call he became a one man army for all devises, not just computers. To little to late...... Check out this article,
* Wavx by it's nature "and Stevens continued success examples" requires a closed environment, not an open one. Companies are rushing towards open environments and devises.
* Did I mention that company's want to use Pads and Smart Phones NOW, which don't have TPM's, but folks are providing enterprise services for them anyway?
* Did you see in the article where this company has signing up 200 customers in 3 months, while Wavx can't dig up much of anything?
* The article says that this industry has exploded over the past 18 months, while Wavx awareness and stock have dropped like a rock.
Wavx's only hope is to integrate in with one of these company's, but their closed model just doesn't fit in.
This is the first solid evidence of Wavx's obsolescence.
Wavx hardly deserves to be following by the most ardent lemming believer at this point. They must show their relevance and soon.
The articles in the news are what is deafening, yet nothing from Wavx.
Steven always said that once there is awareness, watch out. Well it is here in spades, now Steven has to put up or shut up, end game is here.
$200 gold now $1700, may have been a better investment?
Maybe Intel needs us for their day 0 plans, not.
Last time this stock shot up to $5.00 from $2.00, investors actually believed of the possibility that customers would soon break down the doors, but NOW, there are so many reasons for skepticism;
The awareness is EVERYWHERE, but at Wave's door or in the stock price.
To reach $5.00 again, you must show us the money and that would take a new GM a month, not every 6 months.
Hello Steve are you out there, or did you run off with your $$$$ from your stock sale?
My point all along, the world is on high alert as to these escalating breaches, but.........., no one seems to be rushing towards Wavx as a fix.
WHERE ARE THE CUSTOMERS. THE NEED IS EVERYWHERE.......
The noise is deafening, 44% increase in attacks...... You would think that Steven and crew would be katy barring the doors, IF only they were able to provide a solution to these attacks.
10 to 20 opportunity's in the works, REALLY?
You guys are dreaming here.
Cybercrimes more common and more costly, study finds
By Salvador Rodriguez
Los Angeles Times
Posted: 08/02/2011 09:06:45 PM PDT
LOS ANGELES -- Cybercrimes are not only increasing, but they are also costing companies more money, a recent study has found.
The median cost of cyber crimes rose to $5.9 million, up from $3.8 million in 2010, while the number of attacks rose by 44 percent, with at least one large U.S. company a week falling victim, according to a study released Tuesday by the Ponemon Institute, a research group that studies Internet security. Costs to targeted businesses include spending on security experts and investigations, loss of productivity, system software upgrades and the value of stolen intellectual property.
"The fact that costs have increased so substantially suggests that cybercrime issues are getting worse," said Larry Ponemon, chairman of the institute, which looked at 50 large companies in the U.S.
The study found the most expensive cybercrimes to be denial of service, Web-based attacks, malicious code and malicious insiders. The study found attacks are taking longer to resolve on average, 18 days, up from 14 last year, and are costing more as well, more than $415,000 per attack, up from more than $247,000 in 2010.
"The bad guys are getting stealthier, and their attacks are getting harder to detect," Ponemon said.
"We believe a better understanding of the cost of cybercrime will assist organizations in determining the appropriate amount of investment and resources needed to prevent or mitigate the devastating consequences of an attack," the study said.
Cyberattacks have been occurring at a record pace in 2011 with the likes of the FBI, the CIA, NATO, News Corp. and Citigroup among their victims. The study found three companies that spent more than $29 million to resolve cyberattacks, and a large attack on Sony this year is expected to cost the company more than $170 million. Last month, the institute reported that cybercrimes in the first half of this year cost U.S. companies nearly as much as they did in all of 2010.
Bye, bye $13,000 dollars, bet he is sorry today........
Am I looking for the logo?
What makes this a big win for them, just because their logo is there and our is not?
Thanks Donald.
I am not an expert on Wave's patents, but would love to know, if more than half of the TPM's installed each year DON"T come with Wavx software on-board, what do their patents cover, things on the management side only?
Donald,
Where in the report does it talk about Apple getting with Wavx.
This report was about as negative on Wavx as it could be, saying "not suitable for speculation", so I would find it amazing if it provides the magic connection to future profits between Apple and Wave.
Finally a solid plan
I agree with your sarcasm, the awareness of the problem that Wavx is trying to solve is at HIGH alert, no more hiding breaches as in the past.
Every human on earth "that reads the paper" knows that we have a problem, right now, not in two to three years when TPM's are in everything, RIGHT NOW.
So, if there was a suitor who thought that they could get a leg up by buying Wavx, I think they already would have knocked on the door.
It gets harder and harder to hide behind Stevens, "the market doesn't understand the urgency", when everyone is screaming from the roof tops.
Maybe it is Steven who doesn't understand the solution.
Weby,
That was my point many posts ago, Wavx keeps saying, once folks understand, that things will break lose.
Well I think that every last human on earth now understands 'see, Cyber War Has Begun, in Bloomberg this month"
And even though our little stock may have a head start, the billions that will be through at this should overwhelm our $30 million in sales company.
Just one Lemmings opinion.
Lugan,
Skip the conference call, I will recap for you here.
We have 10 to 20 deals in the works.
It is a hard sell but once folks understand it, the flood gates will open.
Don't worry about smart phones and pads, we will be there.
Our Dell revenue is down because we just didn't foresee the acceptance of pads.
The military is just around the corner.
Oh, and next quarter we will make a profit.
Oh, Oh, and please pardon us if we sell shares on the back of rumors.
Remote,
How long have we/you been hearing about those same 10 to 20 deals in the pipeline?
We need a GM every month to get near $10.00,
Yet all I hear at the many conference calls is, it's a hard sell, people just don't understand, it will come just like a USB port.
The problems purported to be solved by Wavx are at HIGH alert in the media, if not now then when?
Wow, I'm in on that.
I take it that you missed Paul McWilliams report on Wavx....?
For if you had read it, nothing I wrote would be a mystery.
You truly owe it to yourself to do so ASAP.
As a trade, this stock is amazing, but only a true lemming could not take into account Paul's appraisal of the company. As Paul said, "beyond the boundary of what he deems as prudent speculation".
Read for yourself:
http://www.nextinning.com/pdf/20110630WAVX.pdf.
Here Here
Considering, that to get back to $5.00 "at the same market cap to sales ratio that we now have of 6.4 times sales", sales would need to increase to $64 million from $30 million, more than double.
A new GM once a quarter just won't get the job done, we need AT LEAST ONE NEW GM A MONTH.
Time is running thin and the wolves are at our heels.
Rumors just aren't working anymore, WHERE IS THE BEEF?
From reading Paul McWilliams article, it appears that Wavx will have to soon put up or shut up.
Looks like Google, Amazon, Microsoft and IBM may be working on their own plans for TPM's, and with Intel working on their Day Zero option, the days of waiting and wondering how Wavx will perform are closing in on us.
These technology's will reveal themselves over the next year and either Wavx will be a part of these plans or not.
So the long days of waiting may be over, and by next year we will either be rich or put out of our misery.
For anyone who haven't read this, you should.
http://www.nextinning.com/pdf/20110630WAVX.pdf.
What is EXPECTED?
Yahoo has Wavx 2010 revenue at $26 million, if your EXPECTED is $30 million, then today's market cap is at 6.6 times, not the nose bleed that it was at 8 and 10 times of recent history, but still very rich with no news.
For you older investors, that may be a plan, but it will take new investors with a different plan than just go for broke or a hail marry, to drive this stock to $10.00
I agree, that is why I can't seem to step away.
At $2.50 the risk reward looks good, as long as one doesn't bet the farm.
Weby,
Just so others investors can understand what a $10.00 share price would require:
To reach a $10.00 share price based on the current sales to market cap ratio of 8 times "which is in the nose bleed section" would require a market cap of $825 million or $103 million in sales.
I would love it if a suitor would pay almost 4 times current sales to own us, just because we close a few million dollar contracts in sales.
I'm in.
How do these compare to what Wavx offers, and do any of them rely on Wavx Software?
TU Wave, I will read this tonight.
My exact previous argument,
If Sony's CEO thought that Wavx could save him $177 million in loses, I'm sure we would have seen him walk into Wavx head quarters or Steven visit his, but at the very least see the stock take off on a rumor tear.
Steven said that 100 million TPM's are shipping a year, and since Wave only gets around 18 million from royalty's "which would represent around 13 to 15 million units" the rest, or around "sorry", 85 million units are installed by someone else?
And yes, I would love to hear someone knowledgeable on the subject take on these questions.
That is why I am still here, it's just the even though I am hoping for this result, why can't folks get answers to simple market questions that seem obvious?
I owned a Beta Max early on, it was an amazing machine and truly the best technology. It was destine to be THE devise for recording and playing video tapes. Along came a less qualified low quality solution VHS, and pushed Beta Max into the dust bin of history.
Head in the sand philosophy is not a winning plan.
I still ask with all sincerity, Who is providing software for the 95 million TPM devises shipped a year that don't carry Wavx?
Can Wavx manage those devises even though their software is not on board?
And can the other company's that install that software create and manage enterprise software solutions?