Wave Systems Corp. (fka WAVXQ)

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Blue, I think we agree on the value of perception,

but disagree concerning Wave's financial health. Wave is/was an anemic starving child lying in a dessert somewhere croaking out one word "food", and you seem to argue that first the child needs a bib and some napkins 'cause perception is important. Wave has a penny, it can buy food, or napkins.

Perception is important, but there is a time for food, a time for strictly cost-effective behavior, and a time for the expense of perception repair. The day of perception repair is not today. Today is about money and CFBE. The quarterly report is a day where perception and facts can be addressed, but today is not quarterly report day. Today is not the day to be pandering about coddling the wounded and legacy of Xpress etc. Today is time to survey the company, stabilize the treasury, cut costs as appropriate, and seek sales.

Your ideas about what order things should be done imply that you see Wave in considerably better financial health than I do. You basically say Solms should increase costs near term to satisfy perception and Psychic-Sprague-Drag. Wave hired Tom Conte e.g., the argument being he may be able to bring sales ... you believe the money used to hire Conte should have instead been given to Michael as severance.

Nope.