Replies to post #30134 on Wave Systems Corp. (fka WAVXQ)

[24601]

SPIN: I hope you're not citing me as a reference.

Part of being a pro is realizing that you don't already know everything you need to know to answer every question you encounter. We all need to regulate the impulse to opine to comport with our pertinent experience and expertise -- or clearly label our guesses as such.

Best wishes,
John

[zen 88]

SPIN- re: Failure to disclose negative info

You are correct in your analogy of the ImClone debacle, but honestly, that is light-years away from anything Wave could be remotely guilty of. What were they supposed to say in the PR, "We have this monumental, long awaited validation from Intel, but we have no idea how much money it will ever generate." I've never seen anything like that in a PR. They did state that Intel was under no obligation to include Wave's tech with any specific number of mobos.

Also, I think the officers knew what the shareprice would do, weeks in advance, and planned to legally profit, while also benefitting the bare coffers. Above board, last I checked.

Awk is right, the research in to this went about as far as handing the SEC PR to some flunky, and telling him to start a class suit. The 'market' knew this was a real deal. That's why we didn't get a 60 million share day after the PR of the Envoy launch. IMO, Wave is a victim of both it's checkered past, and it's huge potential.