Scorpio I agree that there are differences for sure between these two entities. You do give some ground that a TPM used with one of these providers makes for a salient arguement. Give me your take on this. We all know that the TPM's have been rolling out for some time and are starting to gain traction. Wavexpress has been around in the marketplace for far longer than TPM's and they are doing nothing more than spinning their wheels-at this point. What do you think Wave's course of action should be if these other Q-Pass type companies and content providers leverage these TPM's with their products? Another question is this-how much longer should Wave continue to fund Wavexpress if the revenues continue to be far less than the operation is to run? Per my e-mail WXP burns about 1.2M every 6 months. I would think this would be most selling and general administration as opposed to R & D at this point, as we have not seen any new and improved offering from them in awhile. Given that Wave's S & GA costs are about 5.9 M over the same time period does it seem equitable that WXP should be taking up almost 20% of that figure? Anyone??
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.