Replies to post #241265 on Wave Systems Corp. (fka WAVXQ)

[RootOfTrust]

Billings Q4 were $2.9m sans a large order. Assuming SMB licensing in Q1 is at Q4 levels $2.9m + $2.3m insurance co. sale= $5.2m. If Q4's $.5m Dell goes to zero Q1 billings (so far)= $4.7m everything else being equal.

No doubt about it. The $2.3m sale is a significant step towards Q1 CFBE with zero Dell.

The $2.3m order is the largest since BASF's $3.5m nearly four years ago. I wouldn't count on the same sales team not delivering more of them reasonably soon.

http://wave.com/buzz/pr/basf-selects-wave-35-million-agreement-protect-sensitive-data-corporate-laptops