Wave Systems Corp. (fka WAVXQ)

[Paul Czar]

I like this part:

"There are millions of trusted computers in business networks today. These computers are secured by TPMs, and keys stored within the TPM hardware protect user data."

With all the products Wave has to manage TPM computers/networks, you would figure that Embassy, TAN, ACM and KTM and being purchased by these enterprises to have full functionality of these newly deployed Trusted Computing networks.

Consequently, one would assume that sales of TPMs provide Wave with a level of revenue and that the subsequent software sales provide a much more significant level of revenues.

Hopefully, Wave reports Q1 results this week and revenues are at least a quarter million dollars. That's my estimate.

Paul