Replies to post #134398 on Wave Systems Corp. (fka WAVXQ)

[goin fishn]

ZZT-Bone

I too am waiting and wondering what the Seagate deal will look like. I am not, however applying that deal as an absolute litmus test to be used to damn SKS if it is delayed further. As I documented in this post,

http://www.investorshub.com/boards/read_msg.asp?message_id=15344555

a reporter has revealed the reason for the Seagate delay. Note-it is not related to Wave, or SKS. The delay was caused by bios compatability issues.

Your statement "Is his statement misguiding, or will he deliver what he stated?" is a false dilemma. Saying that either the deal gets done by year end, or SKS has lied to me leaves out too much info. In other words, if the Seagate deal does not materialize by year end, there could be any number of reasons why, most of which are not in Wave's control. So, I ask you, if the deal is delayed past Dec. 31st, will you still feel deceived by SKS if the delay was caused by bios difficulties? It's your call, but I for one will not feel deceived. Technical delays are bound to happen at this initial deployment stage. I would, in fact, tell you to expect more of the same. The question is can Wave make enough money in the meantime to last through this initial stop and start phase.

[oknpv]

ZZT-Bone:

You write...."Example.... SKS gave us(the shareholders)info. at the last cc in regards to Seagate. SKS stated that, Wave will be closing the deal with Seagate by the end of the year 06."

and..."Will the CEO of Wave Systems, make an ANNOUNCEMENT, regarding the closing of the Seagate deal that he openly told the shareholders would close by year end 06. Is his statement misguiding, or will he deliver what he stated?"
>>>>>>>>>>>>>>>>>

I read (from the CC) this quote:

"SKS: So, yes, I expect the deal to close before the year end."

And as I read thruout, I dont see where SKS ever stated that the deal will be closed by the years end & I dont see any of his quotes that are the same as what you allege to him. Maybe its in there. If so, can you point that out for me as I am anxious.

Otherwise who's statement is misquiding....yours or his? If I missed it I apologize.

[Snackman]

Material events have to be announced. Phoney announcements are not made up for the benefit of the investors.

If Seagate does not sign on the bottom line by December 31st, the deal won't be announced this year. That will not be the fault of Wave, but the delay from Seagate.

There is also the possibility that the deal will fall through and will not happen at all.

SKS gave us his best judgement. That's all we can ask for, and he said he "I expect the deal to close before the year end". He never said it was a done deal