From Telstar.......(and this poster doesn't post here anymore for what reason? - what a pity)
Thx to John
SKS , WXP and stuff
By: Telstarjohn in WAVX | Recommend this post (0)
Tue, 11 Nov 08 6:20 AM
Boardmark this board | Wave Systems Msg. 31203 of 31206
(This msg. is a reply to 31201 by barge)
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Hey Barge,
Got kicked off Ihub awhile ago after dueling with admin (not snacks). Can't stand censorship and told them so very bluntly....LOL. So I'd thought an update here would be fun.
Anyway, I spoke with SKS a number of times about WXP sale after the Olympics Pilot and even hooked him up with west coast players. My contacts saw the value, but not what they were looking for to buy.
BTW, WXP did not make anything on pilot with NBC/Olympics, which was agreed upon up front. The whole thing was a live test of the WXP business model with Lenevo being the sponsor that paid the players involved. Microsoft also wanted more focus on positive Vista OS. So money was not the key issue involved. The Olympics validated the WXP technology on a world-wide stage and now provides a strong case study for someone to sell to others.
Bottom line, I got the impression SKS definately wanted to sell, not take on a partner. WXP business model is so different from Wave it would make sense to sell the company.
IMO, they will dump WXP very soon and focus on core offering. Don't see Wave getting much money back from their ROI. But most companies got NOTHING back on their investments during the Internet bubble days. At least Wave kept it's head above water and looks like they are finally learning how to swim. Time will tell if they get accross the pool or drwn trying.
I see lots of old (and angry) ex wavoids here...to bad many lost money. I am on the list of taking a paper loss too...but I GET the big picture and honestly see the company surving and hitting breakeven soon.
I'll go back to lurking so you all can continue the interesting dialouge. Just thought my personal communication with SKS would be helpful to some.
good luck all..john
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