Replies to post #143442 on Wave Systems Corp. (fka WAVXQ)

[nomad1]

Player,

Management has proposed allowing them to give away 1.2% of the company to an individual. May 5, 1999 one of their partners, SIGM was $3.54, what I neglected to post was WAVX adjusted price May 6, 1999 was 62.25. This is the perspective that has created the over reaction to the options proposal as much if not more than anything else for me. "Just do what you say and we will trust you will. Say one thing and do another, and we'll never trust your word again." Be clear, concise and do what you say.... I will respect you forever.

Sincerely,

NOmad

[Blue Fin]

I have been following the discussions again giving a lot of consideration to Unclever,Rachelese and others points of view I believe the options are really obsene and have decided to vote NO on the whole package. To think that the board would adopt a proposal of this magnatude after all the diloution we have gone through to this point is really unthinkable. Not only is the 500,000 1.2% of the company, it would represent a 1.5 million share PRE REVERSE SPLIT not 500,000 so the board and managment gets back their reverse split, plus, stuffing their pockets by reaching into the cookie jar. Additionally a $25,000,000 shelf was just added that will further increase diloution. Enough said.

BF