edit: you saw that, huh?
to me that means 01/31/03 too.
edit: Doma -- has that PP been approved yet by the SEC? maybe i missed the registration filing for those securities... do you have a link for that approved filing?
Doma, while anyone familiar w/Wave knows all too well that the word "partnership" means something quite different than to the rest of those in the English-speaking world, it may be this quote from Lark Allen that "confused" many journalists:
"The early stages of any emerging market are critical. IBM has clearly established their leadership in trusted computing with their family of Embedded Security System personal computers," said Lark Allen, executive vice president, Wave Systems. "Wave's partnership with IBM will significantly help us in our objective to deliver open and interoperable solutions to business customers as trusted computing continues to evolve." Leveraging the IBM security chip for personal computers, the Wave EMBASSY Trust Suite Client Business Edition includes the first of many new applications aimed at business users: Wave's Document Manager Vault and SmartSignature. Wave's EMBASSY Trust Suite represents one of the first portfolios of user software applications, administrative tools, and trust-based systems developed specifically around the new Trusted Computing Group (TCG) specification.
when i first read that PR back in august my reaction was "flufffffffffffffffff!" (as was the reaction of many here perhaps b/c they know that in the Wave context "partnership" means something different than what Mr. Carey seemingly thought it meant (presumably no relation to "J.P."))
as much as Mssrs. Sprague & Feeney, et al, have p***ed me off over the years, i don't wish to see them in cuffs doing a perp walk, nor do i wish to see Wave bankrupted... though i would be pleased to see a sweep of the old ways, a more independent board installed & the senior Sprague retire & step away altogether.
i also think he should "donate" his patent rights to Wave in consideration for the Founders Shares that were shipped out the back door w/out any s/h approval (& w/out even any notice to s/hs until months later buried in an SEC filing).
JMO
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