Orda/ I'm not fear-mongering. I'm trying to assess what claim Wave has on my capital. I've been doing that off and on since I traded WAVX in 1999--believe it or not I actually bought WAVX two hours before the company was relisted on the naz. Despite which I only ever made a trivial profit. I don't know what else you want to establish my bona fides as an investor. I attack the stock, true, but when I'm corrected I acknowledge it. And it seems I do this board a small service, because when others reply to me they are sometimes thanked in turn by people who feel the issue has been clarified.
However. Since learning more about what it takes to actually write TCG apps I'm seriously considering the notion that the TCG amounts to a vehicle to put Wave's--and others'--security technology in the public domain. Just how much of the technology which has been abstracted into the TCG command set was funded by Wave investors is beside the point. I very much fear that Wave's hope of selling TCG services isn't going to pan out to nearly the extent they'd like it to. Instead people will simply write their own software, possibly taking TPM functionality in new directions altogether. I mean, why be dependent on a vendor for something so mission-critical as security if it is easy enough to do it in-house?
And this is consistent with the broader goals of the TCG group (widespread adoption) even if it undercuts Wave's ultimate competitiveness. One simple reason why no competitors have emerged for Wave's basic software could well be that they are giving it away more or less and nobody can compete with that. But once you get into the multi-kilobuck realm it's a whole different story. My guess is that Wave's potential competitors are familiar with the TCG spec, are confident that they can ramp up TCG competence and products quickly, and are waiting to see which way to jump.
