Wave Systems Corp. (fka WAVXQ)

[2004riptide]

hey 'master, i have a large chunk of wavx shares (in cash and ira) and an even larger chunk of '04 call and put options ...
i got lucky trading shares at .8, 1.1 and 2.25; after stablizing @ ~3, i've been trading only options.

i won't miss any "next PR", 'cause i'm solidly in the black. my only may be to miss some appreciation ... however, capturing any profit is good. i want to be wrong, but i've a sense that this fall won't be as revealing as we would hope.
pr's about deliveries agreements etc., but i hesitate to assume TCG is gonna lay out it's RAND licensing policy for viewing before q1 '04 and, thus, where does that leave wave in terms of analysts' efforts to quantify w/certainty.

i do hope i'm wrong.

all the best to all