Wave Systems Corp. (fka WAVXQ)

[Bluefang]

Alea: I don't think Wave has cash to stay alive long enough to hunt for a new CEO. And if they found him, what fool would take the job with the big guns all aimed at Wave with no trigger slack--the bank acct empty and the shareholders angry enough to grab torches and pitchforks?

And given nothing to work with, what would be the likely results?
does anyone think it is the sales team at fault, here? The Wave security product has been shunned almost universally--at the same time everyone in the world is looking for digital security.

My conclusion would be, it is the product that can not be sold for whatever reason.

If that is the case, Wave is simply finished.

Worst case scenario IMO? Wave makes a single decent sale just before the Naz de-lists Wave. Wave bounces back for a new round of the shearing the shareholders. Is that too cynical, based on the Wave history?

Blue