Replies to post #240224 on Wave Systems Corp. (fka WAVXQ)

[New Wave]

Blue, here is one record that justifies praise. From the recent correspondence with RobertI.

Some of the good news that I can share about restructuring the company is that our efforts in cost reduction and efficiency, with increased focus on enterprise sales, has brought the quarterly EPS loss down from $.39 the first quarter that I was at Wave down to an EPS loss of $.05 last quarter. I have also streamlined the executive team, terminating 11 VP’s and only replacing them with 5, for a net reduction of 6 Vice Presidents. That makes us a lean and less costly operation. We are getting closer and closer to CFBE and one or two nice sized deals will get us there.

http://www.atomicbobs.com/index.php?mode=read&id=908451