Wave Systems Corp. (fka WAVXQ)

[Ispro]

(edit)Great post RC, must read! 100% on target.

I've stated in the past that we will see a PE of 100+. Seen this at other companies, when the street realized the potential(even with companies without earnings). For now the most important revenue for Wave is the SED royality of 7.5, since they don't have to add staff to support this OutOfTheBox product. So every SED sales adds to our bottom line WITHOUT costs. Second are the maintenance fees for ERAS, they come in without cost too. Of course ERAS is the MAIN driver especially when you have customers with 1000s of seats.
Right now I see the 20s this year and I will not sell until 50 PPS, while holding a few k for 100.....

BR

ISPRO