Wave Systems Corp. (fka WAVXQ)

[solas]

TCO: Perhaps 7 yrs is a bit long. Then again, maybe not. TC is very nearly a paradim shift when veiwed in the light of current IT implementation. (Centalized authentication and authorization.) In '99 (and 2000) Wave had a solution looking for a problem. Unfortunately the "tech frenzy" led to the now infamous (in chairman Greenspans words) "irrational exuberance" and Wave Systems, myself, and I am sure many others on this board where caught up in the unfortunate serious of events from the burst of the "tech bubble".

I bailed on Wave 1/2 in the 30's and the remainder mostly in the teens. I was away for a few years... the cry from the market (to my ears from the potential market for TC) began with an increasing volume a little less then a year ago. I've now re-established a position stronger than before (as measured by shares held.) Wave offers a robust solution... I do have potential issues with management although I believe that past indiscretions may have provided the team with a clarified understanding of their roles and responsibilities. If you have been invested with WAVX consistantly for seven years it would be foolish for you to leave now.

All of this is my most humble and ill informed opinion.
-R