Wave Systems Corp. (fka WAVXQ)

[scorpio_esq]

As a legal cynic, I'd say that a patent estate is not a reliable basis for constructing a comprehensive or potentially successful business strategy. Ultimately, patents are a factor in costing a competive strategy in the same way one makes a "make or buy" decision, except in the case of evaluating the saliency of a competitor's patent estate, one might call it the "license or circumvent" decision. Bootom line, because Intel decided to license Wave's services, one must assume that they were satisfied with their rational financial calculations in this regard. Whether you are satisfied or not is, frankly, irrelevent to most on this thread.

scorpio_esq