Wave Systems Corp. (fka WAVXQ)

[CaptainRalph]

AnonInvestor: No problem, people disagree (not always "most politely") with me all the time. But I suggest you are mixing "profitability" and "cashflow". Positive earnings (profitability) are pretty hard to manipulate since you are tightly constrained by GAAP (generally accepted accounting principles). For example, when reporting profits under GAAP you would be required to prorate estimated executive bonuses across the year to which they apply (then make an adjustment whenever they are actually paid). But for reporting cashflow, you'd report bonuses when you actually pay them, which is a BOD/compensation committee decision and can be changed, managed or manipulated (choose your own term) to obtain a particular result. Of course when you do that it'll catch up w/you the next month, quarter or year.

As to your other comments about WAVE forecasts and predictions I'll have to defer, I'm a real newbie here.

Thanks!