Wave Systems Corp. (fka WAVXQ)

[internet]

MIB re Revenues....Although Dell remains the most significant contributor to our bottom line....I do not believe it's accurate to say that it's our only significant source of revenues. I would argue that the percentage of revenue based on upgrades and drive sales is increasing rather significantly on a q to q basis. SKS mentioned that July was a rather good month for upgrades....well...if we can get to 15-20k upgrades in Q3...that would represent a nice percentage gain and a nice and increasing balance to the Dell bundling fees....IMHO

Sincerely,

Jas