Wave Systems Corp. (fka WAVXQ)

[batmitzvahshiksa]

Here's the damning admission from Collins himself:

" Why we have not closed deals- ...the lack of real benefit for taking the risk of being first in deploying this very new solution...."

What he means:
a) the solution itself is risky; ie it may not provide a significant or sufficient improvent in the level of security
b) the implementation of the solution is risky; ie, the software is kludgy, buggy, difficult to use, easy for users to experience problems
c) the company is risky; ie Wave may not be around to support the product

and most importantly:
d) there is a "lack of real benefit" - the product actually doesn't do much, and doesn't provide any benefit over what you could buy from a more mature, stable, proven, reputable company.

Thanks for the candor David!