Replies to post #146024 on Wave Systems Corp. (fka WAVXQ)

[xxxxcslewis]

Sounds about right but we can hope they may bag an elephant or two anytime in the next twelve months.

[hnstabe]

TraderJoe812-From where I sit, your projection (expectation) is very, very conservative. You didn't seem to account for revenue from the long awaited upgrades that SKS quoted at the AeA Conference on May 7. In his slide "Enterprise Business is Starting" he said 300+ IDENTIFIED ENTERPRISE OPPORTUNITIES and 400,000+ UPGRADES SEATS on Wave's "hot list". I know both have been in the oven for some time, but 50% of the "hot" upgrades would generate $10M. Then, Awk pointed out $45M in revenue from FDE.2 drives is on the light side for 2007. I, of course, do not know what is right but I keep my sanity by holding positive thoughts. If we do hit $50M in 2007 revenue I am looking for sp at $25, which would bring me back some respect.
JMHO.
hnstabe

[Chowder]

Trader J - IMHO wave will show an easy double over last quarter's revs, landing somewhere in the $3 - $4M range, all based on existing bundling deals. I am eager for the Q2 CC, just two short months away. Now, IF I am right, that would tell me we are having good penetration of new PC models into the market, since wave collects only a dime or so on each bundle. While we may not make BE by Q3 I feel it is a certainty that we will BE Q4, again based on bundling alone.

Painfully slow, yes, but it is the market which drives all this, not wave. I am not aware of any $$ wave has lost to a competitor. Would love to hear of serious upgrades being closed by either wave's sales staff or VARs, but patient till year's end for any news there.

Ciao!