Wave Systems Corp. (fka WAVXQ)

[rachelelise]

Zen

I am not trying to be an apologist. In fact I view the situation as one that can not be explained publically to anyone's satisfaction. If it were possible, we'd best give up on most of these discussions and simply wait to see what happens. Sometime's the deep due diligence can provide some comfort around what is happening in the industry. But when it is very Wave specific I'm afraid the only real and useful information can not be shared until it is ready to be shared.

The timeframes that forecasts cover should be better explained/caveated however. But I wonder about the reaction due to a statement that says we expect to sign an agreement with NTT that could become a huge deal for us for the following reasons... However in our experience working in Japan and with very large companies often working on very large projects that the likely tiemframe could be measured in a year or more. Thus don't ask about it again for long while and certainly not twice during a given quarter.

Now you know why some companies want to go or remain private.