Wave Systems Corp. (fka WAVXQ)

[internet]

pontdugar....re old high....the old high was a market cap of roughly 2 billion dollars back in early 2000 (3/00) With todays outstanding number of shares.....We would get to that market cap with a share price of roughly $30/share. Personally.....I think that in order for us to get past a 500-750 million dollar market cap.....the number of upgrades per quarter have to be north of 150K upgrades/quarter.

Currently, we are nearly at breakeven with the lic. revenues being generated by Dell. If we are able to get 100K upgrades/quarter at ~50 dollars/unit....that will translate to roughly 5 million dollars profit/quarter. 20 million in profits divided by ~70 million shares gets us ~.30/share. .30 x 20(pe)= share price of 6.00/share. A multiple of 40 gets us to 12 dollars per share and a mutltiple of 60 gets you to 18 dollars per share. So before we all start talking about 1000 dollars/share...lets wait for the FIRST 100k upgrade cycle. Do I belive we will see tripple digits.....yeagh...it's possible. But...lets take one step at a time

Sincerely,

Jas