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Alias Born 01/15/2010

Re: Donald Duck post# 197695

Thursday, 08/19/2010 10:02:23 PM

Thursday, August 19, 2010 10:02:23 PM

Post# of 249238
I have been buying shares on the way down.

Now have my full allotment - but can buy more.

Have no inside, or close to inside information.

After studying the company - I think $2.00 is pretty
cheap and that the upside - over the next several
years - is a lot more than $10.00.
Even with reported 80 million shares - and what
is it 20 million more - once the sales pick up -
profits drop to the bottom line pretty fast.
Just look at the revenue and margins of MFE, etc.

I don't know why the sell off has been so severe -
but at this time, I am inclined to weather the
storn - accumulate a few more shares if they really
hit it - and wait for everything to shake out.

Did SKS buy the patents because he thought all this
might happen? Are they really valuable to Wave?
I don't know any answers - but do not think all
the work that Wave has done will end up worthless.

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