edit: every nervous investor?
B_D, i'm not nervous about it @ all... my life, identity, finances, etc. are not intertwined w/whether SKS can pull it off.
i have made that "decision" you suggested about 30-40 times since $0.94 & will continue to do so if & when appropriate.
the failure to give guidance is not some sort of handholding exercise. it is used to gauge progress & just about EVERY company does it in their CCs.
it's not about masculinity, bravado or machismo to hold a stock that is faltering. riding it from $50 ----> $1 was not "brave." it was "blind."
riding it from $5 --->$1 might be a little better on a % basis, but it's still an 80%+ decline. i was a seller in $4.80s & in the $3.80s & the $2.80s.
i try to buy it when things get "overdone" & this is far from over. i've listened to dozens of sprague-speaks & this was one of the worst by far (given where the company is "supposed" to be). hiding the deployment rates & rev projections results in a massive sell-off that has just begun!
Zeev may have about the shortest short-term perspective there is, but i wouldn't discount his ability to forecast a stock's movement. moreover, he has a couple thousand followers (ever notice his board is #1 on i-Hub every single day?!?) & it's reasonable to suspect that many of those followers may have bought wavx to mimic his move.
Larry's anaylsis is much more balanced than most voids could ever perform w/out committing heresy! He too has his share of followers & maybe a few of them bought too?
Doma -- i like your posts & learn from you but IMO you are a dreamer. the very fact that you would suggest that Wave will be in every PC is so out of control it's almost sad. SKS did NOT say Wave's IP (the same IP that's been around for YEARS) was being licensed by Nokia!
eamonnshute -- no, it was on Intel's site which indicated "no back orders." then again, according to you, NSM has been shipping for months right? too bad SKS dodged that one too & the revs ($80K) don't really suggest much "traction" so far. But there's always next Q ('cept they're printing more shares again -- financing deals every Q now?)
i can't wait to read the transcript...
edit:
zen -- your desire to be "right" (& richly rewarded) is blinding you bud, look back @ your post where SKS "slipped" on INTC deployment pleased you, no? the NSM was announced in MARCH!!! in that 03/31/03 CC Peter stated unequivocally that there was a SERIES of PRs coming in "literally" a few weeks (now 33 weeks) for WXP. There have been no details revealed about NSM & nothing about revs... i DID expect to hear something like "our top line is growing quickly and could soon approach exponential math leading to geometric growth next year."
instead i heard how cool this opportunity is & Wave has stuff that is positioned to be there when the customers come looking for it & all we need now is for a big customer to buy some stuff & some newspaper to write up something to convince all the other corp IT buyers to buys some stuff...
i did NOT hear confidence in his voice. i did not hear anything that suggested that what people here are hoping for is coming "soon."
i DID hear that more shares are being printed THIS Q (when i heard last Q inklings that revs would push that need out). Couple that w/the SSPX rise (which they only sold a few 100K shares into).
IMO the financial crisis @ Wave is causing them to move slowly & on a much smaller scale than i believe most here suspect.
it truly was the worst CC i have heard, given all the surrounding circumstances -- if the deployment was moving along @ a fast clip, i think we would ALL have some idea of that right now.
instead, i have NO idea what rate deployment is running @ & only little teases that IMO are designed to convince the faithful to keep holding the paper (bag?).
