Well, we had enough rain here last night to make the Mojave a stop on the PGA tour, and thunder....up all night with a two year old that was terrified by all the noise. My dog, I mean...
In any event, it was nice to see the SmartMoney article pan out as I expected it to....I told scott that I'd be happy to help educate him on the ins and out of the tech (as much as I could), but didn't want to be quoted, unless it was anonymously.
He didn't reply after that message, so I kinda expected it to be part three of the hakim trilogy...
And while the slant of the article is negative (to the extent that portrays anyone invested in Wave as an idiot, and management as scum...bringing up Tyco in the context of executive malfeasance was a bit much), I think shining lights into the darkest corners of Wave's history will only make and success all that much better.
I noticed a similar trait in Disney movies in the '90s...the bad guy was spectacularly bad (the octupus-hag in Little Mermaid immediately comes to mind), with the sole purpose of making the happy ending that much happier...
Again, I don't expect to see revenues until 1Q04, and based on SKS in the last couple of cc's, I don't expect guidance either. He's been bitten by that dog before.
For all we know though, they may have cash in the bank (a reference to some contracts having pre-pay components still rings in my ears from a couple of CCs ago) that is extending things. Would have been a good question to ask at the cc, if I had thought of it earlier.
p.s., I think the S&M article has been ready for a few days now, and he was waiting to drop it on some legit news...of course I could be wrong...
"Absence of evidence is not evidence of absence. - Carl Sagan
