Replies to post #236527 on Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

Waveduke..spot on about the payments...

There was always a disconnect between the words and the result that chased me out of my position. Something seemed not quite right to me. For what it's worth, the actions on certain employees in the company and some of the posts on the boards I get the feeling there is far greater expectation and structure now in place. I think the conundrum of the product or the process of introducing the product to business won't be a question much longer.

Speaking of pricing yourself for success ...the one thing that has chapped me for years was the lack of insider buying. Not only were they not putting their own money up, but by virtue of funding this company by the selling of shares which were purchased by many shareholders, they weren't even spending the shareholders money that backed the checks they were cashing.

I found it very unreasonable to pour another dime into this stock if those taking a paycheck wouldn't in effect spend those same dollars as well. To make matters worse I saw something to the effect that there was very minimal participation in the ESOP-I believe less than 30% is what I saw posted by somebody who is a well respected poster.