Wave Systems Corp. (fka WAVXQ)

[Paul Czar]

One other interesting observation is that 14 million share day a little while back. That day, the money flow was incredible and as we all know the stock went up to $2.14 on no news. Then, later that evening a MSFT/Wave press release showed up. It was regarding Wavexpress' movie technology operating in a Windows environment. The next day there was a 7 million share sell-off and we find ourselves around $1.30 today. I find this interesting because the buy volume precedeing the MSFT/Wave PR. My theory here is that someone heard that a MSFT/Wave press release was coming and that the word spread that it was something like a joint venture. Obviously, someone IS thinking along my lines and waiting for that day. The 14 million share day was a false start. But when that day comes that MSFT's center hikes the ball to Wave's QB, we are going to see another 60 million share day.

Paul