Wave Systems Corp. (fka WAVXQ)

[rachelelise]

buffet

Depends on what we mean by guidance. Unless Wave has fixed bundled arrangements (like Intel) where you can simply multiply the number of expected TPM sales times a dollar amount, we get into a rather opaque area. We've all done the math. There is an incredibly wide range of potential licensed applications (200,000 to 50 million users) and probably an incredibly wide range of per unit revenue from .50 to 10.00 depending on the deal when it becomes big, not even counting the licensing revenue from server based products and web services. Would an analyst in 2005 say that todays $1.00 stock with essentially no revenue has a reasonable chance to be a $50 stock with 1 billion dollars in revenue in 24 months as the trusted computing space goes from conception into reality. And the downside is that they get taken out at $15.