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02/24/04 9:12 PM

#31585 RE: SPIN #31582

Spin...re Wave....All I can say is keep up the GREAT work!! The more you SPIN...the larger my WAVX holdings are becoming. How some people can sell by believing half the BS posted by some individuals is truly amazing.
We ALL are aware of our finacial situation...our track record of OVER promising and NOT delivering...we ALL know about the issues revolving around managements compensation packages.....but here are a few points that we also KNOW...
1) BEFORE...let me say this again...BEFORE our business model has a chance to succeed...there has to be TPM DEPLOYMENT ...We are NOW witnessing the INTIAL TPM rollout.
2) NSM...Our agreements with NSM are worth MORE (per unit) than our deal with INTEL.
3) NSM Safekeeper is only NOW becoming available. Doma's find from the weekend regarding TOSHIBA is the FIRST salvo...We have been repeatedly informed by SKS that NSM has a number of design wins.

YES...the company carries along a great deal of baggage....but it ALSO is doing something it has NEVER done before....becoming INTEGRATED into the TPM environment. THIS IS A SIGNIFICANT CHANGE FROM THE PAST...and is enough for me to continue to add to my position.

Jas

rachelelise

02/24/04 9:25 PM

#31588 RE: SPIN #31582

Spin selective memory

I'm sure you rememeber something about February.

"shute - you could be right, but i do remember a statement about requiring funds by February & yep, it would also be vitiated somewhat by the sspx sales."

If you recall you thought Wave would be bankrupt because their funds would run out by February and they could not use the proceeds from the last placement because the SEC had not approved it. So you use the same faulty logic to opine on a new group of investors shorting again. Do you just make this us like a novel?

Wave will need more funding from somewhere in another 6 months or so. I don't think they are doing a placement today at these prices.