Replies to post #31272 on Wave Systems Corp. (fka WAVXQ)

[Texastree]

SPIN

You are correct, no one knows what discover will produce. It might prove very interesting indeed. I suspect such will allow dissipation into the night imo.

And, Wave never said anything about meaningful revenues to anyone, did they? Who said that? I don't read anything in the PR. In fact, Wave's own CC record speaks quite clearly about the details of both IBM and Intel announcements.

The various reports miscontrued Wave's PR, and them hem-hawed all over the place trying to salvage the diddle. I guess the cc from one service to another is somewhat like the blind leading the blind. Then 4 months later, more or less an offer of retract to cover buttock. Ellen (aka shloppy sheng) obvious frittered a few out until the obvious became evident to all.

Maybe a couple of years from now when/if it ever gets on the docket, the L can waiste even more time and energy....however I suspect zen's version will materialize.

Don't know what someone would want to pony up in the name of platiffship. Can't quick get the cerebral hemi to compute there.

The train is a rolling. This too shall pass IMO.

[zen 88]

Spin, since when are you loathe

to give an opinion? LOL.

Here's where the suits are flawed:

"In truth, however, unbeknownst to investors, the Defendants' statements during the Class Period were materially false and misleading because they failed to disclose or misrepresented that Intel would not be entering into a revenue producing licensing agreement with the Company, that the contract did not require Intel to purchase any software and that IBM was not embedding Wave Systems' software into IBM computers and that the IBM transaction would provide no revenue for the Company.'

It IS a'revenue producing agreement'. 50 cents, a dollar, it's REVENUE. And as you well know, the Wave PR NEVER claimed that IBM was embedding anything. That was Ellen. Two flawed points. Period.

As far as the positions being taken, there have been about three huge volume days where the price spiked, since the SEC announcement. One of those being last week. That was someone establishing, or re-establishing a position, IMO.

[New Wave]

spin, which SEC rules states Wave should make any revenue projections in a PR about: 1) the compatibility and availability of their basic ETS software for IBM's Embedded Security Subsystem, and 2) IBM's recognition of Wave as an approved ISV?

Where now did they mislead the market?

Get real.

[24601]

SPIN: I am incredulous that you wrote this:

"unlike wavoids, i'm willing to wait to see how it all plays out"

I know you were referring to the class-action stuff. But take a step back and look at Wave, generally.

The typical long is just that: a long-term holder of WAVX based on due diligence, hope, faith, or whatever. You, on the other hand, are hot and cold, in and out, insisting on what's going to happen with this or that, and periodically proven wrong.

Take your own supposed advice: sit back and relax. If you're so right about everything, then write what you think, sit back, and see whether it pans out.