Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

Thanks, dig.

The big question for me is about the source of the income.

If it is some expression of increased embedded income from new OEMs, that is nice but it will end up roughly stabilising fairly soon.

If it is from maybe two or three sub-major upgrade customers, that is not a large set from which to draw conclusions, but it does suggest major orders may arrive soon.

But if it is from a large number of small upgrade orders, then that is the cat's meow. That would likely mean demand is here.