Wave Systems Corp. (fka WAVXQ)

[SPIN]

BB:

that's the "benefit of the doubt" premium i paid for expecting Wave to inform investors like any other company. i'm back to cynicism (which has certainly been more profitable).

it will not happen a second time.

confident that there will be opportunities to buy it back lower & there's some other stuff i like better short-term anyway.

i might buy some calls for insurance, haven't decided yet. want a sense for how low it's gonna go first b/c there is -0- support below $2.40.

what the H is the write-down for a Mil of inventory all about?