Wave Systems Corp. (fka WAVXQ)

[rachelelise]

oclv99

All of your forecasts assume some kind of steady growth. If for example companies just defer new PC purchases or other IT initiatives until they feel more comfortable about the future, then the sales and revenue go down a lot and revenue only represents recognition of amounts deferred earlier.

This continues to be a situation where at any point results could be spectacularly better but could just as easily drag on much longer. Wave's biggest strength, at least for their employees, is their ability to fund the company through continuous share offers diluting current shareholders. While that is horrible for current owners, it is certainly better than liquidation and the longer they play the higher the chance that real upgrades and growth will take place. But I find some of these sale predictions really naive given past history. But differences of views create a market and one time I hope someone can say "told you so".