Replies to post #141558 on Wave Systems Corp. (fka WAVXQ)

[rachelelise]

Wash68

While I am certainly not supportive of someone who is shorting a company that I am invested in, there is sometimes information or issues raised that are worthy of understanding.

There is little doubt that the current Board is not as independent as we might like and that often compensation arrangements are more conflicted than they should be. This is not unique to wave as the massive options backdating scandal impacting many other companies indicates. And of course hedge funds have also corrupted the process through illegal deals with borkers, writers etc.

Still that does not mean we should simply ignore anything that Wave's Board recommends and implements. I am interested in understanding the rational for the stock grant guideline increases. If the amount of stock available and its price are adjusted following the split, why should everything be increased by three. I am not following the math even though there are lots of threes being thrown around. Is this is basis of a poison pill which I might support by the way.

[internet]

Wash....re shorts. For one of the few times...I actually agree with Trustco. It's very curious as to the timing of the upcoming shareholders meeting. The ONLY reason to rush the annual SHM is to vote on the proposal to increase the employee options program PRIOR to an expected change in share price. This leads me to believe that management is EXPECTING some rather SIGNIFICANT events to take place in the June-Aug. time frame. If I were a short...I would be very aggressively attempt to get out of my position PRIOR to June....IMHO Therefore...expect to see more bashers than normal over the next month or two.

Sincerely,

Jas