barge - no to the first question, and yes to the other two. Until there's proof, there's always FUD. If you are a shareholder, then by definition, you are on due to one-of-two reasons.
1. You are firmly commited to Wave's vision, and confident that they will, or have figured out a way to capitalize on that vision.
2. Even though you've already invested so much time and money in Wave, only to be (thus far) disappointed from a profitability standpoint, you still can't see any other stock having any greater potential for success at these valuations, than Wave.
So, in the end, the fact that there's no longer ANY doubt that trusted computing is rolling out before our very eyes, continues to hold our faith and confidence that Wave is going to be a big part of it. The fact that Intel has aknowledged Wave as a contributor, further supports our beliefs, and serves to hold onto our original convictions. The fact that IBM may be hours, days, weeks or months away from demonstrating that same confidence encourages us to continue to wait (yet again, and still) for the ultimate sign that Wave will finally meet our expectations. And if you recall, your expectations have always been closer to world domination, than cash-flow break-even.
However, the fact that people don't have to turn on Wave, or engage Wave, or even deal with Wave if they don't want to, even though they may have a TPM-enablled PC, coupled with the fact that this is likely the reason that we (shareholders) have yet to see any firm contracts (etc.) from any of these major possibilities continues to leave the answers to questions #2 and #3 open-ended.
I'm sorry, but that's simply the way it is. If it were a foregone conclusion, there'd be firm orders, exclusivity contracts, and revenues already. Is it still going slowly in a direction that is ultimately favorable to us as Wave shareholders. Yes sir!
Is it a certainty that Wave is to trusted computing what many think they're're going to be - absolutely not. IMO, this is the larger question of the two. I recall when we had the only true solution, chip, security, software, the whole ball of wax. Over time, we found out that the chip we had was still ahead of its time, and too bulky and expensive. Wave was permitted (by these OEMs) to spend all of their money refining the chip, only to find out that another chip, of lesser capability took its place, reducing Wave to being a software/utility company for the trusted infrastructure. Not bad, but not what we'd originally thought.
Save me the explanations of a comeback for the chip, or the rationalizations that Peter and Steven never wanted to be a chip company anyway. I've heard them all as you know. It's not our chip right now - period. That leaves our software. IT is ours in many areas, but no one is convincingly presenting an argument for how many TPMs are considering Wave a must enable yet. No one has a defensible business model for Wave that they can articulate in any particular manner. Until they do, there's doubt as to questions #2, and #3.
And what about WaveXpress, and SignOnline. So far, Wave is making more money off of SSPX's secure signature solution than their own. WaveXpress has been non-existent in the press and/or revenue category, and there's very little hope of Wave having any appreciable revenues to report this go 'round, which you know will be exploited to the max if they don't.
I love your tireless enthusiasm, but many of us are just plain tired of waiting for legitimacy at every level we know we need to reach. We can all patiently wait for the money to roll in. But that's not what we've been waiting for. We're still waiting to be convinced that the money will ultimately roll in, and get some guidance around how this is assured .
To me, that's enough to say there still is doubt. Until Wave is proclaimed as a market leader, any one of these other players seated at the TCG table can slowly steal away everything they got. They've done it to others several times. It's all about the money in the end, and until Wave can convince its shareholders that it's got a strangle-hold on some portion of the trusted-computing money, there's always FUD.
T123
Now
