Wave Systems Corp. (fka WAVXQ)

[internet]

24601....re shares held by insiders.....There is a poster here that can confirm the following conversation I had with a senior member of management and a BOD member. I brought up the issue of the BOD showing some support for the stock by actually buying shares on the open market. The reply I received was that he would love to but who will pay his mortgage payments. I then replied that it was us shareholders who drew the line in the sand and placed orders to protect the 1 dollar bid when we needed to maintain that for 10 days. Personally...I thought the answer this member of the BOD gave me was total BU*L SH*T! They (members of the BOD) can find some change and provide support for the stock.....The member of the BOD was not a happy camper that I even brought that issue up.....but to be honest.....I didn't care...the message was delivered.

Management is a different story....IMHO Both SKS and Feeney have continued to increase their shares by participating in the employees stock purchase program to the tune of ~20,000-25,000 dollars/year. I'm satisfied that they are actually increasing their share holdings FWIW

Sincerly,

Jas