Wave Systems Corp. (fka WAVXQ)

[tkc]

Weby, ? re: your response to Buffetguy. You suggest 2.5 mil Dell PC sales @ $10 = our burn rate, therefor B.E. That would mean there is no Cost of Goods Sold or a 100% margin. I've been using a 25%COGS (75% margin, Gross Profit) in my proformas. So, my ? is, what is your (or others please) estimate for our COGS on the ETS? Tia.