Wave Systems Corp. (fka WAVXQ)

[rachelelise]

barge

an important and unknowable question is how much money will Wave receive for providing these enabling services. It's a real question. Think about the applet discussion and Wave's initial plan to charge application owners a fee to have their application run on Embassy. Perhaps that was feasible but it looks unlikely now - the more poplar and ubiquitous it is, the less likely the market will allow such a thing to occur. I then transfer those thoughts to ETS and whatever that constitutes. Perhaps extraordinarily important and baked into lots of things. sure Wave would be compensated but how much will the market allow? It can't be too much or other solutions better or worse will propagate. That's why the valuation analysis of Wave is such a crap shoot. It may be simple to say way north of $500 million (sorry LHF) but we're only guessing when we get into 10+ figures imo.