EFS I think they were plenty of folks that got burned here during the tech run up, but that is ancient history. The biggest mistake made ny the shareholders here happened, in my eyes, when the TCPA/TCG began to take hold and make inroads. We got to see Wave's name hooked onto the cars of the elite in the industry. It didn't ignite the sharepreice-why would it as this company was unknown, or being ignored by everyone except the converted, the traders and the haters-former longs burned in their eyes by the lack of execution. The Intel/IBM run up a few years back fueled the expectation fire and really caused folks to lose sight of the big picture and the massive undertaking of getting the product to market. It was as if Intel was the yellow brick road. Everybody chose to ignor the massive potholes on the way- the box makers needed to be shown this was the right course of action to take. Wave was right all along-look at the number of offerings by multiple companies today. Look at the articles and references you can find by a simple Google keyword search. We were all off the mark on the timeframe, but we have all learned trusted computing won't be built in a day, just sometimes in the next 12-18 months.
Dave