Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

100% agreed....I just can't get past the fact that it was slightly over 7 years from the time Wave first shipped the ETS- embassy security system shipped with DELL earlier- to the announcement of the Credant purchase...especially when they provide many of the same functionality.

Credant had been a tech partner for DELL for awhile prior to this sale, and I can remember a few of us that were brow beat by many longs on the boards for even suggesting that Credant was viable competition.

I think we need to look at facts here. We know that prior to DELL basically cutting ties they renegotiated a lower rate.

The customers either found the Credant solution worked more fluid for them, the wave solution wasn't working properly, or their wasn't a market for the product.

If there wasn't a market for it I think DELL could have kept cutting pricing to Wave, since it was already in the box and at the end of the day would still have cost less than the acquisition of a company that offers the same basic service for a non-existent market.

They had a seven year relationship with Wave. To see how the terms of the agreement have changed speaks far great volumes than any DD ever has.