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Re: Snackman post# 163175

Tuesday, 04/22/2008 3:18:42 PM

Tuesday, April 22, 2008 3:18:42 PM

Post# of 249360
Snacks ~ your responses are not absolute either. Therefore, under the guise that neither of us knows anything for certain, the only remaining yardstick is actions ~ as they speak louder than words.

The stock price has never been a priority in Steven's mind.
Wave's CEO plans (financially) only for the immediate need, and not the future, which has hurt investors in the past, and continues to do so in almost quarterly dilutions.

He rewards himself and his staff, even in the worst of times.
He buys no stock himself outside of stock-option plans which he himself establishes. And, I do not buy for a moment the notion that he can not find a way to do so, and inject shareholder confidence whenever he wants to.

Although he stays in touch with the investor community on the whole, he has not once produced any expected results (financially speaking) within a timeline that he's actually stated. If you care about your investors ~ it's very important to actually perform according to plan once in a while.

These are some of my reasons why I believe he cares little about his investors
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