Doma, thanks for your reply
My mistake on the activation issue. Although I seem to recall reading posts from along time ago about ETS having to be activated for Wave to realize revenue, I must have misunderstood. I considered the 80k as deferred, I can't search text so I didn't find the post to get the date.
As far as the KTM ES, you are referring to the post below. Is this a one time $10k deal?
"Wave released these tools and applications in 2004, and has signed a license agreement in the first quarter of 2005 with an embedded systems manufacturer to license the Wave TCG-enabled toolkit and KTM ES AD.
Don't you think it's still going to be hard to get 500k for q1 05? Only six weeks of Dell sales of ETS in that period.
Thanks again,
mark1