edit3: cute shute... but didya notice that even Lark gets confused about the vernacular?
"'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."
doesn't IBM call their TC series "Embedded Security Subsystem" PCs?!?
geeez, if a fmr IBM exec & current Wave tech officer/guru/evangelist can't even get the terms straight in a PR (which necessarily permits him to take his sweet time to reflect, proof, edit & so forth...), how can one expect non-wavoid lay people to wrap their heads around it so easily?
no wonder there was rampant confusion in the market regarding Wave's PR... even Wave's execs can't get it straight!
edit: Doma, that doesn't change the fact that hard-core wavoids completely understood the implications of the 8/4/03 PR, but the rest of the world was confused by it... many of them now claim to have been mislead by it.
fact is, the "teeth" of the claim IMO is not that PR, it's all the insider sales that were dumped into the market during the pump.
let's just agree to wait until the discovery is complete, b/c IMO there is more to the story than that which meets the wavoids' eye.
edit2: yes, but peter, back then the specter of the SEC & 7 class action suits did not hang around Wave's neck like a mill stone.
edit3: so shute, didya google "S-3" & "effective" yet? IMO the shares remain illiquid & the vig starts just in time for IDF.
