Player, very nice post. I agree with the things that you said. Until revenues increase enough to see B/E and profits, the stock will probably not move much.
I still see a bright future for Wave. The Q4 results are about where I had it pegged. I said 2-2.5 million. I think Q1 will be between 3-3.5 million.
You have to ask yourself why are all the OEMs shipping computers with TPMs when they all know no one has turned them on yet. They keep shipping the TPMs because they know that at some point in time the will all be turned on. Is that time when 80% of working computers have them? I don't know the answer to that.
I believe there will be an event that will cause those that own the computers with TPMs to have a reason to turn them on. And I also believe that event will be the turning point in total security for the internet and computers. That will also lead to security of the mobile space. Or maybe the mobile space will be the event to turning on the TPMs in the computers, who knows at this point in time.
Seagate is setting up a consumers division. The will have FDEs for all computers, desktops and laptops sometime this year. That will hasten the use of encrypted hard drives and Wave will be right there with the software that lets the TPMs talk to the FDEs.
I still believe the future looks extremely good for Wave. Nothing has changed (on the negative) because of the share price in my opinion. All the major OEMs are either bundling Wave's software or offering it as an option. I don't know of another company that is in this position at this point in time.
Yes, glowing things have been said in the past by SKS. I believe that when he said certain things that he actually believe in what he was saying. The fact that certain things did not materialize then is not all Wave's fault.
Microsoft validated the hardware solution back in June of 2002. That was six years ago. Here is the number one software manufacture in the world validating a hardware solution is needed to secure the internet space.
AS Weets has said many times "It is coming". I believe it is happening now and that there is no turning back. I believe Wave is in the cat bird’s seat and that over the rest of the year we will all see that.
I am not a seller of this stock. I still think it's a once in a life time opportunity and I have put my money where my mouth is.
Good luck to all. We lost a few turtles over the past few days, but new turtles were born. We will reach the sea this year in my opinion.
