Wave Systems Corp. (fka WAVXQ)

[Bluefang]

TKC: Yes, Solms has done all of that--cleaned house of those sucking the company's treasury dry--that alone is huge. He was indeed faced with a dire situation fiscally and he dealt with it successfully.

But none of that was the issue. It may seem like nitpicking, and maybe it is. Solms knows damned well how bad it will look to say something as squishy as we 'anticipate' Bell will close by August and fail to close it.

That's the part I focus on--don't you think he is the kind of man who is dying to do exactly what he said he would do? Don't you think it is killing him to be viewed as anything even close to his predecessor? If he could report something, he would.

A year in the saddle in a few days, sales so far equal zero.

We were supposed to see a turnaround in Q3 and Q4, according to him. Do you see that happening?

That is the issue. He knows exactly how sensitive we are to that kind of thing. What is your conclusion?

Blue