"Anyway, I don't believe that the new posting of 4 or 5 positions should be considered as much of an indicator of the big things coming."
I think the more interesting question would be:
With Waves' cash needs being where they are ($6 million per Q) and then looking at their reserves (as I see them) below, why is Wave hiring now unless their business warranted it? I'd imagine that Wave, at this point in time, would be trying to conserve money if activations weren't ramping up! I also would imagine that the hiring would more likely of been on the sales side of the business!
I had posted this earlier:
Timothy Collins - Security Research Associates
Is the headcount still around 100? Do you see that rising?
Steven Sprague
"The headcount has been pretty consistent. It has probably risen a little bit from a year ago, not much. Certainly, we will see the headcount grow if the revenues dictate it. You know, there is no question there are things that we would do more aggressively if we can see the enterprise business more broadly engaging. If we do a couple of million dollars in enterprise business, you will see the headcount grow."