Wave Systems Corp. (fka WAVXQ)

[bluzboy]

Unclever -- Muchos Gracias for another fine effort!

My take on the CC (from real-time listening yesterday) was that it was a no BS snapshot of the enormous opportunities which Wave management have positioned the company and its' shareholders to potentially profit from, but that the software upgrade rate can still(and for a while yet-to-come)not be predicted in terms of either time-frame or percentage rate. I'd emphasize that he's estimating Q2-'07(reporting period for which will be August -'07), as best guess for cash flow BE, based on most realistic(not most optimistic) scenario. I think he did the best job of guidance that he could with the information at hand. I'm very comfortable with my WAVX investment, but realistically not looking for a significant pop in SP until closer to that Aug.'07 time frame. Anything sustainable that comes much earlier will be a pure bonus.

Thanks again for your tremendous efforts.

John