Bluefang, Nope. Wave isn't at the Intel stop. It's on the Barrett bus. And the bus is set to leave the bus stop.
I don't submit to the past is prologue philosophy that lies behind your post. Indeed, as you know, I believe your reading of the past has always been flawed at a fundamental level. EMBASSY didn't sell, not because management fumbled, but because it was practically impossible to sell - it faced a massive chicken and egg issue that was resolvable only by the development of some kind of industry or government mandate.
So you misinterpreted the past, and hence you are misinterpreting the future because of it.
Extrapolating from your view of the past, of course you would assert that Wave will drop the ball again. But it is simply incoherent to suggest EMBASSY is a wonderful product that remained undeployed only because of Wave's incompetent management and sales force.
Why? Because EDS couldn't sell EMBASSY. Because Maximus couldn't, because IBM Global couldn't, because SSP couldn't, because Mercer couldn't. NO ONE could sell EMBASSY on its own. It wasn't saleable.
So, with great determination and considerable skill, Wave worked to forge a great big movement within the industry that would topple the great big players and make them allies of the new philosophy. And this, with great dexterity and genius, they did.
And while this has left them with potential competition from some very dangerous corporations down the road, they also stand in a position of great strength currently - as the only company with product, as the only company that has tested its product, with a very good idea of the market, and with at least four powerful partners - and probably many more to come.
Bluefang, you have to rethink everything. Everything that made you wrong before, you have to throw out. You have to start again with a new view of the past. And then you will find you can make some better judgements about the future.
I admit I thought finally that Wave was likely to fail a few weeks ago. Because I thought they'd run out of cash. But everything changed when Intel waved SKS on board. Because now I have no real doubt that Wave can raise the necessary finance - indeed they've made a start in that already.
Over the next few years the industry is going to be delivering millions and millions of chips in the marketplace. And Wave's services will be compatible with all of them, and Wave's software will be bundled with many of them. It's a huge market and there will be room for many companies to make money. Wave has every right to hope and think it will be one of these.
Someday you will figure you should have been excited at this point in your ownership history. Because now you can safely jettison the baggage of your past views which told you Wave was incapable of this kind of deal. It is. The time is now. And things look just peachy.
As HhH says, I could be wrong.
