Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

Alea...after all these years watching this company I can only come to this conclusion about all these extraneous products that have popped up over the years that have done nothing but drain money away from a leaky ship.

Let's face it. The only group of people these operators of this money burning operation have ever had to answer too is the shareholders. No debt- no creditors.

Maybe the lack of scrutiny has more to do with not wanting to take on debt than anything else.

I digress.

These "opportunities" take the investor focus off the core business. Hell look at all the talk about scrambles...for what???

I think from the company side they run this crap out there hoping/believeing they can actually generate a few bucks to bridge the gap until the real sales that never seem to come arrive.


The silence speaks volumes. You had DELL having a horrible quarter.

I think you are looking back to back quarters in the range of 6.5M to 7.3M. I also think the lipstick on this pig will be the burn rate will be lower-but because they have cut a lot of positions within the company-just a gut feeling.


Wavoids who have been in forever are sitting on dead money at this point.