Wave Systems Corp. (fka WAVXQ)

[SPIN]

"... shares that are cheap relative to intrinsic value such as is the case with Wave..."

you mean like a price-to-sales ratio of something like 400-500?

or maybe the enterprise-to-price ratio of something like 300-400?

or maybe you meant the price-to-book of something near 10?

or was it the return on equity, which is a negative > 200%?

or maybe it was the SIXTEEN CENT book value per share?

http://finance.yahoo.com/q/ks?s=WAVX

you purport that wavx is: "...cheap relative to intrinsic value..." yet you cited nothing whatsoever to support this claimed "intrinsic value." if you think it's "cheap" now, what do you suspect will be the result of the floating of another $25M? that is, of course, assuming the SEC even declares the shelf effective, which according to the most recent Wave filings has not yet hauppened.

informing this board of the Berlin listing was not rooted in "FUD" & i possess no direct evidence of the existence of a naked short effort thereto, other than obvious trends i.e., capped rallies & a 45+ degree downtrend for 12 months.

why hasn't Wave undertaken any effort to remove the foreign listing? or if they have, why haven't they informed their shareholders?

anyway, have a good weekend!