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Saturday, 08/09/2003 11:31:54 AM

Saturday, August 09, 2003 11:31:54 AM

Post# of 249097
After doing much soul searching through a very sleepless night I have made the decision to take a giant step backward. I thought I needed to explain to this community why I am doing this and why at this time.

I state the following not for sympathy or pity but to state the facts for my decision.

You all have no idea what I have had to put up with over the last few years in trying to bring a peaceful place where we could call home.

I will not mention any posters names so that this post is not deleted.

First of all I am Jewish. I have received hate e-mail where a poster that refers to me as ‘snakeman’ in all of his posts instead of Snackman, sent me a picture of Adolph Hitler with a caption that I will not repeat here. This same poster has taken most of what I posted on the DD board and brought it over to the Wavx board to degrade and manipulate the posts that were not intended for that board.

A couple of days ago a poster wrote a sarcastic and attacking post paralleling me and Moses.

Another poster has attacked management and me relentlessly, and has offered all kinds of scenarios that have been completely false, misleading and just plain wrong. And then he signs off “of course I could be wrong”. But the poison has already been released in his cart bagging posts.

Yesterday was really the day that broke the camel’s back so to speak. I was attacked and accused through about 36 posts that I never deleted. But yet everyone one of those that attacked me accused me of deleting them.

Contrary to belief of a few, negative posts were always welcomed and hundreds were posted on the DD board. The only ones that were deleted were manipulative, disingenuous posts that were printed without facts behind them.

I was described as leading the flock to their doom. I never told anyone to ever buy Wave stock. Contrary to that supposition, I always pointed out the risk and reward of this speculative investment. I always said is was an all or nothing proposition and it was up to each individual investor to decide for himself or herself is they should buy or sell.

I reported (I think now a mistake to do so) everything I could remember at my dinner in San Francisco a couple of weeks ago. I was only the messenger. We asked when we could expect an announcement. We were told in more that a week and less than six months. On the eighth day after that dinner we got an announcement about Cubic. On the ninth day Intel. On the twelfth day, IBM. We were told that some in management had been trying to buy stock but were told not to do so by their lawyers. This was diced as a lie. There were other things that I reported, but will not go into at this time, that called management liars and thefts.

Last June I proclaimed that “June was ours”. Whether you believe it of not, JUNE WAS OURS. Without MFST declaring hardware was needed with software to secure the computer, Palladium would have never have been born, or at least it would have taken a lot longer without MSFT's endorsement. And we would have not had the money to stay the course for another 2-3 year until it was brought up again.

I have been saying for some time that “it is written and it is a done deal” Looking back now on those two statements they were true, but again I was attacked for saying it. Intel and IBM were a done deal when I started saying that.

There have been many pieces of the puzzle we have seen and figured out. We have now seen some of the picture. In this corner is Intel, in another corner is IBM, Maximus, Cubic, MSN and so on. It’s been there for is to see for a long time. Why were we demonstrating in three different booths in the last Intel Development Conference? Does anyone think that this Intel deal just happened last week? While certain posters were calling management inept, liars, thieves and whatever else they could think of, management was putting together deals with Intel, IBM and all the other dots we know about. How many more are there that we DON”T know about?

Many get on my case for calling out the criers and whiners. I never did this until they cried or whined over many many posts. It became too much. And guess who the biggest and happiest cheerleaders are today? You guessed it, the criers and whiners.

My whole goal over the past few years was to keep us focused, as management has been, and to give HOPE to those that might have lost it. I never lost it because I could see what management was trying to do and the quagmire they were in because they had a product but the market was not there yet. That changed last June. Overnight the market finally arrived.

Why and I writing this? Because I feel my job is done. We are going be awesome, just as I was told a year ago (but was maligned about that statement months on end). Again, I was just the messenger, sharing a very good hint for our future. Management could not say anything direct, so in conversations, one had to read between the lines. Some of us did, and were ridiculed for doing so.

I have decided to step back a few steps, not down. I wanted to have a Las Vegas Party. Parties are supposed to be fun. I realized yesterday, after seeing all the posts attacking me, that these same posters would be coming to our ‘fun party’. I then realized I wanted nothing to do with making it happen. I will leave that to someone else to do if they wish.

I am burned out, tired and frankly do not want to take the abuse any longer.

I have my health, my family and I am enjoying life to the fullest right now and I will not let these posters get to me anymore. I am finished.

I feel very confidant Wave will succeed and will succeed big time. Will the stock go straight up? No. But I am confident we will make new highs and beyond in the due course of time. I am not needed here to give hope anymore. Wave has arrived.

This is a great community. There are great minds here. We have a lot of specialist. Those that do great DD, techies and educators. I felt my role was that of evoking hope, reason and calm. I am sure that there are many that will not agree with that. If fact they are the reasons I am stepping back.

This post has gone on way to long and I am sure I can fill up a couple of more pages but I will end it here.

I have made great friends here through dozens of e-mails I receive daily from around the world and from all the dinners and shows where I have met great people. I will still be here, but my role has ended.

The best of luck to all, and may we find peace in this investment and learn to respect one another without having to send hate e-mails or humiliating other human beings through
e-mails and message boards.

Snackman

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