1260 - Those are your words "Doom and Gloom" not mine. The reason why many are offering up their posts of disappointment, frustration and inpatience is quite simply because they've had very good BUSINESS reasons to do so. This board, like any other is not a cult board, or a Wave groupie board. Rather, it is a board for those wanting to share their views and opinions --- ust like you do.
I feel it somewhat naive and immature of those believing that only positive posts are the only way to learn something. What I feel we have learned so far is that Wave, and Wave management by its own admissions have not executed according to their own expectations. They continue to speak on conference calls as if progress is being made every quarter ... as if the current year's revenues will be better than the last ... as if the pipeline is full of 200k+ seat prospects ... as if most of those prospects are only 1 qurter away from making a decision ... as if they're still at the beginning of the education process ... as if the next generation of offerings (Chip, SW, PC ubiquity, Laptop ubiquity, tablet and phone ubiquity, etc) will be the thing that Wave and its investors should count on, and be patient enough to await its adoption.
Well, that's all well and good if any of that ever happens. I don't know about you, but I've been invested in Wave since 1998. As you are well aware, Wave went to $50/shr around 2000, and then steadily declined from there (as did many other stocks) for the past 13 years. While any investor recognizing the inherent risk in any investment should know that if they didn't sell at $50, $40, $30, $20 ... whatever then they should not be blaming Wave for that. And in fact, I don't believe many do. While there may be some extremist posters to the negative side on this board, I believe tha majority of those posters YOU and other positive-only Wave posters can't seem to appreciate are simpy looking at Wave for how well or poorly they have performed. They/We/I am not not blaming Wave for my the losses of our investments, we are questioning Wave's management and eexecution to date.
Nothing they have promised, other than signing up with OEMs who have Wave as an optional offering at pennies on the dollar has come true. They have not had a great deal of revenues from their enterprise ($40 per seat) sales. The government, who has been sold to and testing Wave for the past 11 years or so has not appreciably adopted Wave, such than any substantial revenues has surfaced. Revenues from their partnership or agreements with Seagate has shown ny appreciable revenues for Wave either. But Seagate's stock is showing revenue increases at significant volume.
Okay, enough of the history lesson of disappointments instead of successes. You tell me what Wave's management and its company has done for its shareholders in the past 11 years? I already know that they've stayed current with the evolution of endpoint users by continuing to invest in development --- Great! I know they've positioned themselves well enough to be understood, tested and evaluated by many interested prospects ... some by Wave's own admission were large prospects --- Great! I know that Wave is soon to come out with a new Mobility Solution that works with Windows 8 better than 7 --- Great!
But what historical performance measures can Wave show that would lead you, me or anyone else invested in Wave to believe that this forward-looking attempt at creating shareholder value is going to be any more successful than the string of unsuccesful forward-looking statements Wave and Steven have made in the past? We can go all the way back to Societe' Generale and go forward from there to list the failures. And, we all know that Wave is in this business to make money for themselves and their shareholders.
In summary, it is logical for everyne to question Wave's forward-looking statements. It is logical to assume that many would question almost anything Steven says at this point. It is logical for those who have an investment in Wave to post whatever opinions or concerns they wish to post. It is not logical for you or anyone else to judge or belittle anyone over why they stay invested, or continue to post. This is their right, just as it is yours to stay positive and supportive in your posts, even though revenue execution is clearly lacking.
No matter how hard you try, you are not going to get rid of these posts. No matter how hard you try you are not going to make anyone feel informed or uninformed enough to sell their shares if they don't want to, because you don't pay their bills or make the money for them. So give it a rest. The best position for you to take would be to continue your support for Wave, and continue to post the ay you want to and let others do the same. Perhaps someday, the words "I told you so" can be posted to let all of those naysayers know that you were right, and they were wrong.
Unfortunately, you will find this a hollow claim, because those who are shareholders in Wave are waiting to say those very same words .. whether they are currently positive posters or negative posters. Anyone invested long in Wave wants the smae thing you do. The only difference between them and you is that others don't believe that 100% positive vibes and blind support is best for them. Proof will cure a lot of negative posts. Like the movie said, "Show me the money"
Please note, I am not attacking anyone with this or any other post. But the longer you can't understand why we do question Wave and try to chase those of us who do away ... the longer I will continue to sporadically post responses to your posts to explain why we do. Long Wave shareholders are supporters of Wave.
