Replies to post #7741 on Wave Systems Corp. (fka WAVXQ)

[cmf]

Well, that was unpleasant!! /e

[SPIN]

kevin - YES/e

[RootOfTrust]

kevin_s5, I need to read it again but the most glaring bit of misreporting is the 45M offering approved by the SEC. I really wonder how these people can write in the financial sector and not understand the difference between authorizing shares and offering them. Amazing...amazingly ignorant!

[ASISEEIT]

From the referenced December 13, 1999 Article by Danny Hakim



What fine looking pair.

[HhH]

Well done, Mr. Patterson...

And now prepare for the brick-bats!

[zen 88]

I love this quote, "Intel, for one,

doesn't seem to view the contract as earth-shattering. Spokesman Robert Manetta says the motherboard's rollout will take place in the fourth quarter, but declines to give any further details. "We have a lot of motherboards," says Manetta. "This is just one."

Well, not to Intel. But to thirsty shareholders who have been wandering in the desert for umpteen years, it's fairly significant. Not to mention, the first major justification of our 'cult' like devotion.

or this:

Wave says it's unable to release financial details on the deal because of a nondisclosure agreement with Intel. During its second-quarter conference call with investors on Aug. 14, however, CEO Sprague hinted that it could be worth around 50 cents to $1.50 per motherboard. At potentially millions of units, the deal could indeed be quite lucrative for Wave.


Yes, it sure may be.

[greg s]

Very interesting article. I think this excerpt very accurately summarizes the "state of the platform":

Perhaps the problem is the unpredictability of the TC movement itself. Given all of the various players and their competing agendas, it might take years for TC activity to ramp up significantly, says Peter Glaskowsky, editor-in-chief of the trade journal "Microprocessor Report." In all likelihood, Intel won't roll out a dramatic number of TPM-enabled motherboards in the foreseeable future. "The value [of the deal for Wave] a year from now or two years from now I think remains very, very low," says Glaskowsky. He estimates that TC won't be a ubiquitous application for at least four or five years, after Microsoft launches its new operating system, code-named Longhorn, which is expected to carry broad TC capabilities. By then, of course, Wave could very well be out of business.

And with giants like Microsoft and Intel devoting resources to the effort, it's not difficult to imagine smaller players like Wave being marginalized or squeezed out completely. Microsoft, for one, has a long history of this sort of thing.