Wave Systems Corp. (fka WAVXQ)

[vickers2]

found a new inst. investor..
Ramius Capital Group LLC 328,947 +328,947 01-20-04
Downsview Capital, Inc. 328,947 +328,947 01-20-04

Because positions are the same I suspect that one may be a subsidiary of the other, nonetheless I found Ramius Investment Philosphy to be interesting when you consider they've taken a position in Wave when it would seem on the surface anyway that Wave wouldn't be the sort of investment exemplified by their investment philosophy.


http://www.ramius.com/invest_pro.html#

"Investment Philosophy"

Ramius Capital’s investment philosophy is based on four principles:

Preserving and enhancing clients’ capital

Generating attractive, low-volatility absolute returns which are not linked to any broad-based market indices

Employing a risk-averse, research-intensive investment process.

And still they've invested in Wave. Wonder what they may know that we don't!

Best, Vickers2