Replies to post #239612 on Wave Systems Corp. (fka WAVXQ)

[Bluefang]

Maybe this "guy" can manage, but he sure as hell can't sell Wave. I see all the hopefuls trying to put a happy face on what is a mini-disaster--yet another blow for a company that is supposed to be rising, but instead is sinking lower into the mire.

Spin it for all it is worth, but the numbers are just plain bad. That's the reality and all the dots in China, Europe and the US don't soften that one bit or change the numbers.

Where are the signs of the turnaround? We are more than 1/3 through the last6 quarter already and where are the big presents for Wave shareholders? In fact, where are just the stocking stuffers?

Where is Snackman's "upside surprise?"

If anyone thinks this is good for Wave investors, load up the trucks with more shares. The one year + with no significant sales is pretty discouraging. I don't know what other see in this, but I see a lot more of the same old, same old. Different day; different manager--same results.

Blue

[cypher]

You can't save your way to success. They need Sales and badly from the numbers.
Headcount must be way down in regard the reduced burn rate. If they are still "executing well" then in my experience that means piling on on the remaining employees. Generally that means folks will start looking to leave pretty shortly. That will definitely impact execution.

[dig space]

tkc, looks like srvs were 300k in Q3, and by voice it looks like they get some srvs revs for pilots, but interestingly the pilots were described as forward looking engineering projects, not the implied VSC sales pilots. It is beginning to sound to me that the pilots are WEMy thingys, not VSC thingys. By for the most notable thing so far (to me) and the reduced burn, definitely lower burn than i was pencilling in on my "$16m" thingy.