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Re: Snackman post# 239558

Wednesday, 11/05/2014 7:52:37 PM

Wednesday, November 05, 2014 7:52:37 PM

Post# of 249103
I can wait. You said you expected an upside surprise soon and I asked you to define "soon." I believe you said by year's end, or maybe it was tomorrow.

But if there is no good news, what do you do? Do you examine the premises that led you to believe the news was going to be good? Do you search for reasons why the info was so faulty again?

Or do you reset your timeline, again moving Wave's goal posts backward for the umpteenth time.

If it is me who is wrong and I have to eat, crow, believe me, I will do it like a man--not make excuses. I take responsibility for my own actions and words and am accountable for them. So, bear with me for a bit of hypothetical, please.

If we lined up on one side, all the hopeful posts you and your supporters have put up on various boards over the past 15 years, and on the other side, we lined up all the critical and pessimistic posts for the same time period--which side do you think would have come closer, most often to reality?

Why are lapsed and failed timeline predictions acceptable? Why do Wave shareholders consistently have to push their expectations backward? Is there ever a time when a top Wave manager says something that doesn't come true, that we should expect an explanation instead of being ignored like it wasn't said?

If you are in a mgt position high enough to know exactly what the situation is, why is it OK for you not to be held accountable for those missed timelines?

Why is it we shareholders have to twist around to find some plausible (or often, implausible) reason for the failure? Thai floods? Why shouldn't the person making the statement have to explain the failure to adhere to company-set deadlines?

You have cut off debate on those missed timelines and have said repeatedly they don't matter. I disagree. I think they do matter. They go to credibility. SKS had no credibility at all as a result of making up timelines he knew couldn't possibly come true.

We'll see tomorrow if Gen. Solms is marching down that same path.

I will be surprised if you are right. But if I am right, yet again--what then?

Blue

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