Wave Systems Corp. (fka WAVXQ)

[Zeev Hed]

Thanks, not too far from where my current thinking is, they have a lot to prove. Yet, as have suggested in an earlier post, until the actuality of shipments comes in, the speculation of what these shipments might be causes unusual volatility, an environment in which my trading style excels. Of course, if they had something substantive, here would be an excellent spot to issue 10 MM additional shares (or convertible debt) to raise $50 MM to assure funding of a major marketing effort and put a little more in R&D. Right now, even if you assume that the technology is flawless and dominant (assumptions that some would contest), they do not have the resources to do anything with it.