Wave Systems Corp. (fka WAVXQ)

[wavxmaster]

Cosign

From what I understand, progress continues. The Seagate solution addresses a very serious problem that hasn't gone away, it's only got much worse. I'm sure that after Seagates' lower porjected revenue numbers were realised that they will redouble their efforts to get back on course. FDE Harddrives will be a substantial product for them, perhaps within a few years touching every harddrive. They have first mover advantage, but with Hitachi on their tail, they will pump out as many harddrives as they can. They also will try to tie up as many OEM's immediately.

They are on the same page as us! Once they start shipping, the numbers should be quite exciting! I've added a few shares in the $2.80 area. I don't think that there will be too many who think they can reposition much lower than where we are now trading. I have a bid down a little lower that I don't expect to fill, but you never know! The shorts will soon be in an unenviable position with a difficult decision to make.

Pay now or pay later at potentially much higher prices!

JMHO

Wavxmaster

PS A positive close would send a clear message, albeit on light volume. There might not be many buyers, but there are equally very few sellers! After coming from the $2.30 area 3 weeks ago, we have maintained out shareprice quite well!