Wave Systems Corp. (fka WAVXQ)

[tkc]

'Mornin' Blue. It just doesn't seem like that big a deal to me. Wave and Bell ID are still working together pursuing the development of their joint project sans a signed DA. Any income from that project is too far out to impact the "turn-around" w/i the stated timeline so I see it as extraneous to the argument. Didn't Solms say that he has filled the revenue drain from Dell's exit w/ that from other OEMs? That's a big deal as Dell's contribution has dropped ~$3.5M/Q. Last Q it was still 1.5 and falling 1/2 M/Q. He's sticking w/ his timeline which "has a cushion," saying he doesn't need additional funding. I take him at his word which I wouldn't even contemplate w/ SKS. Again, molehill not mountain.