Wave Systems Corp. (fka WAVXQ)

[Paul Czar]

Kevin:

I was thinking of up-side surprise announcements. I thought that maybe the SEC banned them for whatever reason, because in the boom years, you would always have a bunch of tech. companies blow-away their number and come out before the expected results date and make a earnings surprise announcement. I haven't seen any in awhile, so I thought maybe some new regs. went through. So, I got my answer with respect to that. They still can be done, but nobody is blowing-away their number nowadays.

I ask about them in relation to Wave because let's say Wave has revenue of $1M in Q1. Since there are no estimates out there, but the number is significant in that it breaks the million dollar mark, wouldn't Wave want to pre-announce it before the scheduled results date in mid-May?

Paul