In other words, SKS is the master at keeping investor $'s. He has executed a major aspect of his job. Bottom line is he has kept his company and dream afloat. He must be a genius to have done this for so very long (endured the tech bubble bust and a market crash when most failed to survive). Just think, some of the smartest people we know of who post on these boards and are still invested are finally admitting to themselves what Sprague speak TRULY means (after 10+ years). We now have definitions! Thank you Gokite! All would agree with those definitions! Yet, those very same people still believe that "Wave needs to still get through the next few quarters to break even without diluting shares more." Another testament to how well he does his job!!
If Wave went BK tomorrow... SKS still kept his company in business for 10+ years, kept his dream alive 10+ years and drew a nice salary to support his family for 10+ years. All of the Wave employees drew a salary and lived a dream. Not to mention he probably could make a phone call to Otellini, Micheal Dell, Bill Watkins or just about any other major OEM and land a multi six figure position. Many of his employees would be marketable as well considering the trusted computing market that is forming up here.
Yes, Wavoids would be the only ones to get the shaft. But would we be getting shafted by SKS or ourselves? I say neither. It will be what it will be.
Personally, I have 10's of thousands of shares and if Wave went BK tomorrow then I would appreciate the dream I got to live for 10 years and move on. No victims here. Would I be clinically depressed for a week? Sure! Would my investor friends seek to have me knocked off? Absolutely! I suppose I’ll consider that thought when the dirt flying off the shovel is hitting my face when I’m half conscience.
In the meantime, It’s a good thing I’m 110% sure (as sure as I am that I’ll be turning 41) that Wave will win. We will win. No doubt in my mind. When will we win? Now, what I know and what I think I know are two different things. Obviously. Jeff
