Hi go-kitesurf,
I think those are pretty realistic revenues estimates. But I don't agree with your conclusion. What was lacking in this 10-Q was meaningful improvement in revenues, and still a virtual lack of revenues at all. There is also no guidance going forward.
If the revenues play out like you have described, wavx product will have been successful in the marketplace and revenues will basically be doubling every quarter. I believe the street will most certainly take note of that and deployment wins and increasing revenues will no doubt bring higher share prices, if it happens.
When wavoids set the bar too high, you get these selloffs after CCs...