Wave Systems Corp. (fka WAVXQ)

[bspencer]

Does anyone think a CEO's job in addition to building business and revenues is to create and maintain shareholder value? I certainly do
Some things he could do t create shareholder value are;
STOP diluting the Shares! I understand he wants to grow the company as aggressively as possible but enough already. He has access to over $300 million post IPO. All out the shareholder expense! This is the single assurance that makes the shorts so confident in their bearish position. I share today will be worth ¾’s of a share tomorrow.
Start buying in the open market with his personal funds. Most entrepreneurs mortgage the farm to back their ideas, He sales his options to pay the mortgage on the (horse) farm. If he doesn’t SHOW the street he believes in the stock no one else will.
Stop thinking he is slicker than everyone else. How does the Leader in Trusted Computing not have the backing of the street? It’s because they think he is a used car salesman. He is the only CEO of a publically traded company that absolutely does not give revenue guidance of any sort. He should have fired Feeney for the public statement last year of a prediction of a penny positive when it didn’t happen, instead of chuckling about the 50 to 100 million dollars in market cap lost. If the CFO doesn’t know the numbers who does?
He needs to step up from Mickey Mouse management tactics and realize he is being scrutinized by Wharton Business School level people. There is no more BS’ing them with BS. He is at the highest echelon of the business world and if he can’t take the heat, get out of the @#$% kitchen.

Bspencer