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rachelelise

10/07/07 4:38 PM

#3605 RE: aleajactaest #3557

Alea

There have been many times in the past when it appeared that Wave would succeed based on their completion of products, addition of potent partners and the market seeming to require good security. it's only after it did not happen, that one can look back and identify reasons why it didn't. Sure it looks even more promising now (as in the past)but that's as cleart an explanation I can give for the hedging and uncertainty that is present today. Like always, it can be dispelled quite forcibly by proof that the products are selling as expected.

$2.05 million with good per seat upgrade revenues this quarter and $5 million next quarter would start this process.