Wave Systems Corp. (fka WAVXQ)

[24601]

jas: As always, you make a good point.

I simply want to observe that people who declare that Wave's managers are incompetent and dishonest, but who go on to evince that all of that that will be foresworn if Wave succeeds, should try to rethink things analytically. It makes little sense to pronounce judgment on an input measure like managerial integrity but then to promise to reverse it on the basis of an output measure like commercial success. By that formula many of the greatest scoundrels of all time would be vindicated. If their problem is with the technology or the business model, fine. If their problem is with the integrity of management, fine. But they shouldn't be heard to use one as a foil for the other so that they can flip sides after things work out.

Best wishes,
John