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Re: 24601 post# 37789

Thursday, 04/15/2004 8:53:18 PM

Thursday, April 15, 2004 8:53:18 PM

Post# of 249133
do you deny intimating as much in the post from yahoo?

doesn't take much parsing to interpret that you intended for the reader to believe you had acquired wavx puts.

you wrote:

"...pleased to see Wave use it under the current circumstances."

of course it's better than Series H_ell or death spiral floorless converts -- is anyone suggesting to the contrary?

but it's still ANOTHER $25 million in dilution coming right at yer wavx equity & it also strongly suggests that Snack's rev predictions are pure bunk. it also tends to confirm my long-standing prediction that the Trusted Computing adoption curve is much softer than is admitted round these parts.

& as i just posted, Secondary Offerings dampen the price of existing shares based on my past experience & that company was far stronger than Wave & actually generated hundreds of millions in ann revs.

anyway, i gotta go.

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