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TonyMcFadden

05/11/06 8:22 PM

#120874 RE: Snackman #120873

I would disagree with your assessment.

We have contracts now.

With the long history wave has, I would not expect big changes in SP (sure, it would probably get over a buck) without a 10Q that shows BE types of revenues.
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bluzboy

05/11/06 9:25 PM

#120889 RE: Snackman #120873

Snackman - If and when additional contracts are announced which assure(as opposed to offer the potential for) major revenue accrual for Wave, then the SP will improve markedly prior to the revenues actually being booked. I think the NTT Data deal is already discounted by the market to the extent that it is assumed to be one of significant potential value, but until that potential is converted to a pathway leading to significant demonstrable earnings, no great SP appreciation will result. You have to understand that when I talk of significant SP appreciation, I'm referring to a multiple of (5-10-20 +) times the current value, which is what I'm talking about when I gave my timetable of Aug. '07 as the best-guess taking-off point for starting that trajectory. I will not be surprised by a more near-term doubling or tripling of the current share price by intervening announcements, but that's way below my expectations for WAVX, and so does not matter to me.

If you're right, I'll enjoy being wrong as much as anyone here! - I'm just doing my best to be realistic, given the information in front of me. We're(Wave Systems) way beyond the days of needing to connect too many dots now -- It's time to sit back and let the fruits of all the company's hard work(and our long period of anguishing - but that's been our own choice) begin to mature and reward us all.

John