Replies to post #241273 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

billings and cash/money in the door are different numbers. you don't want to confuse people here by mixing together these different figures.

hey tkc, where are you when you are needed to sort out the billings definitions?

there's usually a lag of up to 60 days between the billing date and the date the cash is received on an invoice. each invoice and payment may be different, although most companies have a consistent due date for payment.

where billings and revenue are similar, either the business is steady (not good in Wave's case), or it's a coincidence.

this is the general point. this particular contract may have been paid upfront, but that isn't the general rule for billings.

[mymoneybgone]

I was thinking the your cash number at the end of the quarter was about 1.5 too high, but that was assuming the 3.2M was going to be recorded over the next three years. my bad. I see DELL revenues falling off the table again. I also believe you are going to see some pull back on the enterprise billings, in spite of what you think.

I haven't read anything about the employee count rising-everything seems to be pointing in the other direction-bring costs under control. You had a sale of stock near the one third mark of this quarter. You had the sale close a month before the end of the quarter nearly a month after the PP.

How many times have we seen on the boards- and from you- the lag time it takes to close a sale. I have to believe they had an idea that sale was going to get done before the PP was done.

We have seen no other PR about sales and zero strength in the stock.

This is what I base my gut feeling on, contrary to your belief about wishful thinking on my part.

I still have skin in the game with my 416 shares...........