Wave Systems Corp. (fka WAVXQ)

[waverider]

rachelelise, not to wide IMO. They had enough cash into July per last 10Q not counting the defered revs. (we're into July, are they still defered, don't know)

Their burn is roughly 3.5 mill/Q. If not defered they may not need the entire 3.5.

Did Dell and Intel sell enough for them tho get 2 mill? (don't know)

Now we're into Q3 where all the brains of this outfit (IHub) say we're going to make the big bucks, well then revs should be coming in as we go.

If we were doing another PP you'd think arbitrage selling would be going on by now. It'd have to be a hell of alot of volume too, especially if they do need 3 to 4 mill like some think. At .50 per. whew!!!!

60K a day doesn't cover it.

All MHO of course, no PP needed.