Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

Rachel

What else flies in the face, on the surface anyhow, is why now? They were able to bring in Hardono(sp?) and fill a few other positions in the wake of the RS last year and into this year with no significant Dell rev- remeber SKS giving the salesmen the business- and Seagate not officially a done deal. These were all knowns to those in Lee months ago, yet there was no urgency to updating the option plan. The yearly maximum wanted in this proxy is more than was probably on hand at this time last year. The seven year window and the triannual PP don't jive at all with me either.

Dave