Wave Systems Corp. (fka WAVXQ)

[pointandfigure]

Snackman You are right.

been getting a little grief lately about the technicals.
First, let's say our support now is around the $2.80
area. Having said that, you and I both know the tech
picture is lousy right now. Frankly, this is why I don't
highlight the technical pic insofar it does not dovetail
the fundamental outlook. I think the fundamentals are
alot more important because of the impending HP
announcement. Alot of people will take issue with me
because they don't want to 'hang their hat' on a development
(the HP deal) that is not 100% certain. That's ok with me
but I am not going to act in the same way. I am very confident
that the HP deal will happen and I think the technicals will
then swing around to support the fundamentals.

I will buy some more when the HP thing is done. I know
I will be paying a much higher price but it won't matter
because the clarity will be there for all to appreciate.

p&f