Wave Systems Corp. (fka WAVXQ)

[rachelelise]

Micro

If I'm not mistaken, Dell began selling their new laptops with TPMs beginning in April. How many laptops that have TPMs do you think they sold in this 3 month period recognizing that Wave earns around 50 cents for each sale. In the absence of a major set of upgrade orders (not been implied yet), I don't see where the big numbers come from. I think the volume of TPM sales and the likelihood of increasing upgrade orders is starting now (not Q2). Gateway started even later so they will start appearing in Q3.