Replies to post #122155 on Wave Systems Corp. (fka WAVXQ)

[zen 88]

awk- I'm convinced it's this very

uncertainty that is holding the price down. If the market "looks six months down the road", as we've so often heard, you have to assume something is blocking it's line of sight.

[BerthaB]

awk, re: delisting

I think that Wave appealed for one primary reason: because they could. Such an appeal obviously buys them time. The stock price could go up, it could go down, but they had nothing to lose. The theory that they appealed because they were confident they could get the SP over $1, and avoid delisting, is the stuff that Wavoids (myself included) have been preaching since Linda Tripp started taping Monica Lewinsky's stories of kneepads and cigars. Back in 1997 we were going to avoid delisting with a simple OEM contract, a contract that was all but promised by Wave but never materialized in time. This time, and rightfully so, no such promises are being made. Maybe news will come out that will bring us over $1. Maybe the SP will get there for a variety of other reasons. But to me the question is not really why would they appeal, it's why wouldn't they appeal? Nothing to lose...

[tampa123]

awk - I would believe that Wave is hoping to see some things they've been working on happen, so that they can release the news. Perhaps these events may be large enough and close enough to hold out hope for closing by then. This scenario offers at least one reason to go through the motions. there may even be others.

But I would not go so far as to believe that they feel any confidence about their ability to do so. They're just trying to race-the-sun in my opinion. Surely their confidence longer term (when revenues start) will help, but it truely is time to start producing something of substantial, material value at Wave. Hope they're getting the message.