But Chooch has a 3 digit IQ!
Okay Doma, why couldn't you have posted the "straight shooter" stuff yesterday? Kevin, thanks for getting (& posting) SKS' view on the MSFT "appliance." Though it was a curious omission of NSM deployment in his INTC-centric response (which NSM stated would be deployed in May '03).
Weby, i was confident enough to drop my capital on the counter (again) after taking profits (i don't hold a "core").
What would make me verrrrrry relaxed is some rev guidance, some insight into quantified shipping volume & some PR'ed "wins" like the hints about GE, etc.
It's all "sussed out" enough for me to continue to hold, but to also to continue to look for cracks in the foundation (which seems to me is something that any "sane" investor would do when dealing w/such a speculative investment).
characterizing it as "one of the safest investments in the market" is sheer lunacy IMO. It is the other side of the coin of being concerned about an asteroid impact.
Zen - i *can* totally wrap my head around the premise you post & if i couldn't, there is NO way i would be here. i'm also a believer in I.P. rights (though extraterritorial enforcement is an entirely different matter).
it was the ITRU litigation that added to my overall confidence of Wave's ability to see the dream to fruition. It is the DOJ anti-trust enforcement (though a little toothless in some ways) of MSFT's practices & the EU's watchful eye over Bill that adds some comfort (as well as the dichotomy w/the hardware firms that won't sit idly as Softy claims the brass ring).
the very fact that Wave was mentioned in the 10/28 PR was one of the factors that brought me back in b/c yes it IS profound that tiny Wave gets a table card for what could well be a feast unlike any other in the last decade.
none of that means that i find MSFT to no longer be a threat, nor that Redmond won't do whatever it can to carve out as much of the landscape as possible. and D&O's loathing of MSFT likely reflects the sentiments of much of the installed user-base & creates a weird market oppty by virtue of distrust of MSFT.
despite guys like 5par who theorize that a small co. like wave w/limited resources cannot possibly attain this, i like the fact that EDS is involved on Wave's side & the litany of hardware firms that have aligned w/Wave is certainly something that makes claims of "DOA" well, doltish. on the other hand, froth-restraint is warranted & QCOM comparisons are premature, as s'up aptly noted. but if others join NSM in broad IP licensing via TCG's RAND, Wave could be one of the highest margin enterprises ever.
i perceived Dvorak's strange rant as a strong indication that the TC deal is "done" but am reluctant to declare Wave's victory complete.
i'm still holding & am grateful that this 24 hour spate provided some insight. there are probably more than a few lurkers who share the sentiment.
hopefully SKS will clarify the landscape on 11/13.
Fear & Greed.
Greed & Fear.
thanks again to those who made the effort.
anyway,
SPIN
