Replies to post #237824 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

exclusion - hi snackman,

will you embrace a new approach now that you've expressed the fact that the old one left you unable to spot management failings?

my bet is that bluefang, who did spot them, would be willing to educate wave investors in the importance of management integrity and critical thinking. his opinions don't look distinct from internet's at this point.

is he excluded because he noticed the harbour was unsafe too early?

i don't doubt he'd make any space unsafe for telescopy. but that model didn't turn out so well. whereas management quality turned out to be a significant variable. warren buffett isn't a bad person to mirror on this.

[Bluefang]

Snackman: I will acknowledge a Wave 8K with numbers attached as a great first step. But one must keep perspective.

The history of Wave and the selling of shares has been based on future promises rarely if ever delivered. Wave has been in business for 26 years without a profit and during most of those years, shareholders were falsely led to believe success was coming soon.

To get excited about yet another 'future event' would be to repeat the insanity surrounding Wave, IMO. 'Imminent' prosperity led to shareholder losses of more than 98% and the wasting of nearly half a billion dollars.

I'm all for a new era and a new Wave under new management. But let's base it on execution, not more promises. Isn't that the reasonable way, given the history?

And would you agree Wave has a long way to go, maybe an impossible distance, to make the loyal long shareholders whole again?

Blue