Wave Systems Corp. (fka WAVXQ)

[Weby]

Seems to me there are essentially three potential SED timelines that we might ask management about.

1. adoption of TPMs by a few big firms and slow evolutionary growth from there -- the current pattern

2. Standard Body best practices -- very slow evolution

3. Adoption as standard by one to many OEM manufacturers as part of their growth timelines. This is what, given SKS comments, I think is most likely in the next 18-24 month cycle. I never use bluetooth, but it's in everything I buy. Wonder what it's worth to Wave in 2012 if every machine has a built-in SED drive in both drivetrust and some ERAS upgrade revenue.

The game, Jermat, is not yet over. You are betting that hasn't happened; I'm betting it's already baked into the timeline. Our main customer base is still the OEMs, not the BASF's of the world.

So many threads! So many needless needles.