Wave Systems Corp. (fka WAVXQ)

[Weby]

On interpretations and realities

Science is the ability to predict. Neither Wave nor Investing are science. DD is just due dilligence it is not TT truth telling. Three years ago SKS said "it's going to be awesome, leaving the impression that Awesome was relatively soon. Before that the Wavoids, myself included, spoke about SpragueSpeak.

We've ALL known for many years that their is a big difference between promise and proformance. Some folks have died waiting for Awesomeness. Some of us have been through surgieries, divorces, etc. etc. etc. The issues for this group of survivors is survival and enough patience and lifeline to reach prosperity.

Awk, as far as I know is NOT changing his positions based on his own DD. I still expect to reach those same numbers, although my sense of things is that we are a quarter or two slower than second half and I'll wait to see if b/e happens in Q2 or Q3.

The problem is that SKS has refused to commit himself to anything much beyond vaugeness. He has a real problem in that things do change. OEMs can reduce schedules or drag product updates up a quarter or two even when comitted in general.

I REFUSE to worry about speed bumps after years of slogging.
Fact is that we are making progress. The predictions are reachable now within a reasonable timeframe.

I'd remind everybody here that we also lived through a series of announcements by the government delaying the implementation of HDTV. It's taken 10 years, but I'm sure everybody here either has a set now or is looking for one in the near future.

SKS will hopefully apologise and clarify one of these days. Better yet he can apologize by managing growth and giving us back a 3:1 forward split in record time in '08.

It's winter and we are all frustrated, but spring will follow and don't be sure to differentiate Awk's DD from all of our frustration. Yes, I see a bunch of robins in the middle of the winter. I actually read the articles which now mention Wave and mention the advantages of TPMs. Its normal to be most frustrated just before the paradigm shifts. It is shifting. Even Barge's consumer dreams get closer with Fijuitsu and others coming on board.


Nuff Said by me. Like Awk, I'll continue to do my own analysis and DD and be cautiously optimistic. It's happening slowly, but there's plenty of evidence that it's happening.