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cpa

09/30/03 12:14 PM

#12120 RE: RootOfTrust #12117

Ramsey,

Based on what I think positive PR's which will effect the stock price I posed in my original post. As to revenues, I'm just restating what Steven said. What he said makes NO SENSE to me as an accountant. But then again, Steven has said numerous things that make no sense from an accounting standpoint.

I'm not saying managements hands are tied, management said it.

To me, if you have revenues, you book-em, end of story. Wave has historically reported Q4 #'s on 3/31. Is Steven telling us they won't know Intel numbers until 3 to 4 months after the shipments? If that is true, he signed a bad contract in terms of reporting requirements.

CPA
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cmf

09/30/03 12:14 PM

#12121 RE: RootOfTrust #12117

How about purchase orders????

You know. The fundamental building block of business. A client places an order for x units of product to be delivered over y period of time netting z proceeds for the company.

It really is just that simple. And it's all that's missing IMO. When we can read a few PRs about meaningful orders with #s attached, that'll be just wonderful.

BTW: Does wavx have any cash left in the bank?? Seems like if I were looking to fret about something, I'd fret about that.