Replies to post #120874 on Wave Systems Corp. (fka WAVXQ)

[Snackman]

And I disagree also. We have no contracts with $$$ attached, at least not publicly. Give me a contract with an NTT that will spell out 50 million in 2007 or a contract with the DOD spelling out 100 million over the next 3 years, but won't start until Q2 of 2007. Then tell me the SP won't move right now, without those dollars coming in until later.

[Weby]

A slightly different take.

The street is pricing us at b/e revenues --- actually, revenues of just over break even. 1% = 25 million or about 25 cents share... (25/100) aT 20 x That's $5 share price. So roughly a million dollars in revenue = ten cents in share price.

Bottom line --- As soon as street GETS that first million in UPGRADES....the price is moving up daily, weekly, monthly until the P/E becomes absurd.....and we crazy Wavoids believe that almost any forward p/e on wavx will seem low a year later for the forseeable future.

The street is simply waiting for confirmation that this thing is really really real. IMO it's gonna happen between now and November. 493,000 v. 87,000 and then 1 million v. ??... and then 2.5 million v. ??? and then 3-4 million v. ???. Comes a point where even Jughead gets the point!!!

BTW Greg...I believe you are a hardware guy and in that case you KNOW the numbers you shipped to Dell...but when you're a software guy you can ship ONE BRIGHTLY GOLDEN disk to Dell and then wait to see the ACTUAL revenue reported. Things are not that simple, but a lot of what goes on is strangely about TRUST. SKS has JIT predictions, but that's what he HAS told us. He doesn't ship much product..... Now if I'm wrong, I'm sure you will splain it to me.

One thing on which I'd like to be clearer on is HOW many upgrades Wave is gonna ship directly to the DoD v. How many Dell is involved in and ships...and how that stuff gets handled by Dell? Envoy Data? NTT? EDS? etc. How do the $50 seats get paid for and what is the revenue tracking process?