Wave Systems Corp. (fka WAVXQ)

[jmm1112]

thanks dig. my perspective on Wave's approach is that it's more analogous to a Rambus (RMBS) or a Xilinx (XLNX), in that they forever work to develop or "invent" useful applications (i.e., services) that rely on the IP-holding company's patents.

When Wave developed the working "back-office" prototype with Hitachi years ago, do you think Wave wanted to get in the business of operating server-farms managing worldwide "back-office" transactions?... of course not.

not to bore you with repetition, but the working-prototype, proof-of-concept stuff is for nothing if not for enticing the worldwide gorillas (barge, did i say versecure?) to license the IP .... i stand by my opinion: Wave's "SmartConnect(TM) web-services" weaves into Wave's strategy much in the same way all those "new" Wave-related products that proliferated on Dell's website recently -- build the application "product"-prototype, thereby proving the concept can be made an "off-the-shelf" product AND THE WIDGET-RACE BEGINS