Wave Systems Corp. (fka WAVXQ)

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The cost to investors since 24-March, 2000:

Share price
On the date noted above, Wave announced that Steven Sprague was named Wave Systems CEO.
The share price the day before closed at $424.48 (adjusted for 2 subsequent reverse splits).

On 8-October, 2013, Steven Sprague was replaced as Wave Systems CEO.
The share price the day before closed at $1.36.

The loss of investor value based on share price is 99.68%.



Market Cap
On 3-March, 2000,according to SEC filings, the company was valued at a market cap of $1,794,828,772.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000912057-00-012855%2Etxt&FilePath=%5C2000%5C03%5C22%5C13%5C&CoName=WAVE+SYSTEMS+CORP&FormType=10-K&RcvdDate=3%2F22%2F2000&pdf=

Based on the Friday's closing price of $1.36 and shares outstanding of 32,304,907 gives a market cap of $43,934,673

The loss of investor value based on market cap is 97.55%.