Wave Systems Corp. (fka WAVXQ)

[rachelelise]

D&O

The primary positve surprise would involve guidance. There is the expectation based on the past that the same rosy but opaque and indeterminate picture will be presented again but perhaps with some new names replacing the old. However as you also recognize that could change if and when there is some clear traction in various places. It always seems like it could be now but it hasn't occurred. If there is firmer and positive guidance, then that would have an impact. No predictions since the discount factor is so great on anything I hear.