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24601

09/05/03 2:05 PM

#9059 RE: SPIN #9057

SPIN: I can see the possibility that delaying the extension of the option plan was part of the way they avoided the 19.99% threshold for the time being. (Incidentally, as RWK aptly pointed out, the option plan is not just for the executive suite.)

The guys who pulled off the founders' shares caper are involved whether the room is in Manhattan or in Lee. So I ask again, what makes a room in Manhattan less smoky?




Snackman

09/05/03 9:05 PM

#9085 RE: SPIN #9057

SPIN, I will tell you why you should not be so worried about what Wave's management is doing money wise.

We are on the radar screens now. We have been validated by Intel and IBM. We are on the verge of deployment. (We will be deploying on Intel MB's in the next 120 days). There is no way in heck that management will jeopordize the progess they have made through Intel, IBM, Cubic and all the rest of the OEM's that have not come public yet.

You have to give management some credit that they are not complete idiots. Sit back, relax, and be ready to count your money.