Wave Systems Corp. (fka WAVXQ)

[buffetguy]

Good advice by Snackman

As I said yesterday and the day before, it is SMART to be CONSERVATIVE with the Q4 numbers. Keep the 'bar low' and then over deliver.

The Armp Revenue Model is CONSERVATIVE, REASONABLE and SMART. It sees FY2005 revenues about $7 million. It sees FY2006 revenues well over $100 million. This takes into account the buildup process.

Now....having said the above Wave Systems has logged some deferred revenues that they can book (appropriately) over the next couple of qtrs.....which would represent GOOD IMPROVEMENT until that point in time when revenues REALLY KICK IN from the sales buildup process (& activation therefrom)from our new ventures with Dell and Intel.

The ace in the hole is the PUBLIC SECTOR. All it takes is ONE BIG ORDER from a prime Contractor (let's say EDS or Northrop or whomever)and then the Dam can break overnight!

Oh well...just some musings before the CC.