Replies to post #18229 on Wave Systems Corp. (fka WAVXQ)

[TonyMcFadden]

SPIN, re inventory write-down

I understand the inventory to be a host of Surf/Envoy related thingies (and I may be wrong) that are basically unsellable (which is why **I** certainly wouldn't want to be in the hardware business) (any hardware business...)

It's been on the asset side of the sheet for some time now, and I am glad to see them getting rid of it. Categorizing something as inventory carries the implicatiothat it will someday turn to revenues.

My home PC has the email from Callahan or Collins that tells me what the inventory specifically is (I asked a couple of quarters ago) I will share in about 10 hours.