Wave Systems Corp. (fka WAVXQ)

[waveduke]

Unclevername,

I did not mean to be critical of your thinking. I have kept employees through periods of no bonuses and salary freezes, but creative license only lasts a year or two before dollars call and less for people who make it their sole pursuit.

In regard to Wave's proposed option program, I have refrained from commenting on the specifics, but have stated that I will vote yes. I respect all opinions and think it is great that people are having a healthy debate. Opinions should be heard and respected. At minimum, Wave managment will have a strong sense of awareness of what a large set of their loyal shareholders are thinking. That should not go unnoticed.

John