If your read the Wavx Q2 transcripts, Bill references two times that Wave is still on track and that he has not modified plans. This translates to a strong turnaround relative to the current position. As Dig has noted, Dell revenues have continued to decline and implies a growing gap.
In order to post a positive result, Wave will have to increase revenues relatively significantly from the Q2 numbers. As I have stated, this is where credibility is lost or gained. Bill has a limited track record as CEO so his pronouncements are tough to judge considering his limited time as a leader of a public company.
With any normal person, you sort of expect their words to carry meaning. Really credible people are always trustworthy and believable. We will know a lot more in the not too distant future about Bill's credibility in speaking to Wave shareholders. If he delivers as pronounced, his future words will likely be stock moving. If he doesn't, the hill is long and steep.
