Wave Systems Corp. (fka WAVXQ)

[goin fishn]

Have some Pepto,

You'll feel much better. Meanwhile, unless you are willing to show me your badge as the Chief of the Thought Police, I will conceive of the opportunities that lie in front of Wave in my own way. You'll just have to swallow hard and look past it.

Until we have a historical baseline for penetration rates and price per seat to Wave, any estimate is just a guess, including using a percentage of the total outlay. If you want my WAG on that it is 75%. BTW, the total outlay is 3.2 bln, but my WAG is focused on the 2bln PKI part of that- so maybe 1.5bln to Wave when all is said and done.