I agree 100% with this post.
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EDIT: In fact I was bullish on WAVX when I thought the Pizza
company was the begining of a series of these companies.
But it never happend.
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Posted by: bbigtim
In reply to: go-kitesurf who wrote msg# 144540 Date:5/13/2007 3:28:46 PM
Post #of 144582
go-kitesurf/Revenues
People talk about revenues as the factor that will move the share price. I think they are right, but the key factor is not the amount but rather the source of new revenues. Right now the basic WAVX revenue model remains unproven, because no major enterprise or government customer has paid to upgrade to the full Embassy software package.
In my opinion, a single enterprise or government upgrade for 10,000 seats yielding only $500,000 would do much more to move the share price than millions of dollars of additional revenue that comes only from bundling of the light version of the software. Indeed, a single substantial enterprise purchase closed while Wave is still losing money would do more to persuade those who are waiting for tangible proof that Wave has a viable business model than reaching profitability based only on bundling revenue.
