Replies to post #3702 on Wave Systems Corp. (fka WAVXQ)

[OP_Finance]

N4 See the PR posted by Kevin ...

This is a good PR and may just bring further attention to the good points!? They didn't have to throw in the going concern or cash balance part though ;-(((

[SPIN]

it diminishes Wave's credibility

i think you ALL know by now that if i believed the fault belonged w/Wave, i would say so.

it ain't.

i just sent Ms. Sheng an e-mail (but failed to keep a copy in "sent" folder). I bcc'ed Snack & he can feel free to post it as long as he redacts my e-mail address and my name from the letter.

The headline shifts the blame to the PR. This reporter drew a completely incorrect conclusion and then FAILED to confirm it w/either company!!!

that is a major no-no in journalism & i told her so.

the closing paragraph is irrelevant to the correction altogether & reeks of snide IMO.

i wish i knew the name of her editor b/c i would *definitely* be on the horn w/him/her about it & request a re-write on the headline. it is MASSIVELY deceptive.

Ms. Sheng's sloppy-ass reporting is the root of the error, not anything attributable to Wave.

i don't know if it will harm Wave, but it does diminish their credibility and it is not at all their fault.

it might add some selling pressure in the short term, but it won't matter much later... but it DOES matter that Dow Jones has this type of reckless reporting IMO.

SPIN

PS i was Editor-in-Chief of the #1 law school newspaper in the U.S. per the Amer. Bar Assoc & we won numerous awards from Columbia Univ. Scholastic Press Assoc. --- if one of my scribes was responsible for such an error, I would have run a "correction & clarification" and as E-I-C, I would have apologized to the readers for the error. Dow Jones blames it on Wave's PR writing!!!