Replies to post #12947 on Wave Systems Corp. (fka WAVXQ)

[zen 88]

cpa- To assess the motivation of that statement,

ask yourself this; Did SKS say that to get Barry to buy more stock?

I'd put it in the foolish statement category. Maybe you and Steven have more in common than you thought. LOL

[Snackman]

CPA, you have a way with words, not. That is not a lie. In the course of doing business management gives it's best bet on things they think will happen. Sometimes they do and sometimes they don't.

Wave is dependent on others for deployment. I think you take liberties with what you think are lies and what are forecasts.

[michael usa]

CPA

If the company stated that they were going to sell 3,000,000 chips by the end of 1999 and it didn't happen that would constitute a PIE-IN-THE-SKY statement.

Now they are telling us that they will break- even in 2004 . Is this statement supposed to be teken seriously by the long suffering shareholders?

The answer is that the blinded holdover shareholders from 2000 are going to believe ANYTHING the company says because they are gropping at straws and want to be bailed out of a losing investment position, but the newer potential investors are not going to be convinced so easily by the grandiose statements that the world can't do without what this company is supposed to have.

And certainly not "the Street"! To say that the street "is stupid" for not believing everything this company says is ridiculous. " The street" has been very smart and I even should say ASTUTE in considering this stock. After all it convinced the amateur "investors" to pay up to $ 50 back in 2000.

So you see it is not "the street " who is foolish and STUPID but you yourselves that overpayed for this.

[TonyMcFadden]

cpa, no

"We have 3,000,000 chips deployed." when indeed they didn't is a lie.

"We will have 3,000,000 chips deployed by the end of the year" is only a lie if SKS truly believed that would never happen. Otherwise it's just crappy forecasting.