Wave Systems Corp. (fka WAVXQ)

[timmers]

Credibility: This will pass. Wave's credibility isn't the issue. The issue is whether investors will look beyond the poorly written IBM/DJ news release and understand the actual relationship that Wave has with IBM, which is a positive. I think that most will, eventually, except for shorty and the day trader. The Intel news is the big story. I'll give the serious investor credit for being able to look beyond a sound bite on CNBC.

Financing: This is an issue that investors will need to investigate and decide whether to invest in Wave. I have and I am. We've faced this issue before and I bet that the Intel agreement would make excellent collateral for a bridge loan if a loan were needed .

Share Price: It had to come down with all of the trading. How many shares traded over the last 4 days, 125 million? More? I lost count after 100 million. There are only 52 million outstanding publically traded shares that last time I counted.

Maybe serious investors who learned about Wave over the last couple of days recognized the bubble and held back to see where the share price landed. And maybe not.

My recommendation to the new investor is to learn all you can about Wave and be aware that this investment is not without risk. But my bet is that at the end of the day those who bought while the share price was down to these levels will look back with a cherisher grin all the way to the bank.