Wave Systems Corp. (fka WAVXQ)

[Packstater]

aleajactaest: Re: Discussing Risks

Just thought I'd pick out a morsel from your post to make a point: I suppose you are characterizing many of the Wave longs of old

you said
"...a willingness to gaze into the future at potential returns but a reluctance to discuss risks"

This is somewhat true, but the reason is what you miss;

Most "Wavoids" understand the risks. But don't discuss them because IT IS BORING!

The risks are:

-might run out of money
-may never get accepted by the market
-may get trumped by another technology or company
-may get mismanaged

OK thats it. Each of these risks is real and significant. What more is there to discuss? Any other risk discussion is a subset of this that is well understood and has been accepted. So unless real "new stuff" comes to light, its just re-hash to most.

Its the great potential of Wave that makes discussion on this board interesting to "Wavoid" longs...

I think a more accurate description would be "a high confidence that Wave will succeed despite significant risks, but unwillingness to argue over it with others".

I could go on about other statements, but this makes the point.

Hope you understand some better now.

-P