Wave Systems Corp. (fka WAVXQ)

[Bluefang]

Alea: If Wave's progress has shown up in the past two quarters, we must be looking at two parallel companies.

I see one where the quarterly reports either show a noted and major revenue retreat (Q1) or a report like the Q2, where Wave does not disappoint as much as many thought, but still manages to fall behind most of the quarters of the preceding year.

You see a company making progress. I have looked at your logic and reasoning and the only explanation I can come up with, is the old (and disproved) 'stealth' model.

Progress means going forward to most people. Q1 was an unmitigated disaster, if one was looking to see income advance in a logical progression.

Perhaps you see something in the numbers myself and most others do not.

Best wishes--Blue