Wave Systems Corp. (fka WAVXQ)

[vickers2]

Zen, DRM--re:"over promising" You're both right although I'm not as nice about it. He was less than truthful and that's not acceptable. What's done is done but we are no longer a developmental stage company and from here on he must not engage in stretching the truth (see how nice I'm being!) if Wall St. is going to buy this story and this stock. The street hates uncertainty and if the CEO gets a reputation for being less than truthful (and if we're honest with ourselves he's already getting that reputation)it will be the shareholders who suffer. To that I'd add that the BOD (as well as many shareholders) need to stop being enablers and hold senior mgmt. responsible for statements that are made re:revenues, b/e and profitability. If they don't the lawyers will.

best, vickers