Wave Systems Corp. (fka WAVXQ)

[SPIN]

Jaybeaux - i do not know it is a "crock."

while it is likely that some pleadings contain hyperbole, exaggerations, etc., lawyers are duty-bound to perform a diligent inquiry and possess a reasonable belief in the veracity of the allegations asserted in pleadings.

do not know whether the claimants will prevail, nor do i know what (if anything) will come of the SEC's formal probe, nor have i ever claimed to know those outcomes.

i have repeatedly stated that there is notable RISK regarding these issues & as such, until they are resolved (one way or another), i cannot justify owning wavx as an investment b/c if these matters come down on the side of the claimants &/or the SEC, Wave just might not even exist in the aftermath (e.g., look what just hauppened to the fmr. Rite Aid CEO).

SO, i generally disagree w/almost everything you posted, but at the same time, i can completely understand why you wrote what you did, why you believe what you believe & why some people feel totally compelled to own the stock.

if Wave does succeed, i can certainly appreciate the magnitude of the potential upside & for some, the risk between here & there is acceptable to them. under the right circumstances, i would be willing to invest in wavx again on a long-term basis, but there have been no such signs of those circumstances being even remotely imminent.

IMO it is inexplicable how loyal some voids are, but they (you) are certainly entitled to maintain such a degree of loyalty, irrespective of how irrational i, or anyone else (including "the market"), might perceive it to be in the face of the current circumstances.

it's yer money...