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PaulCzar

08/12/04 7:55 AM

#50182 RE: PaulCzar #50180

A question that should be asked and answered at the CC that would not decrease stealth (that all so important stealth) and SHOULD be answered because it is not that difficult of a question and forecast to put your arms around is:

"When does Wave forecast to see its first half million dollar revenue quarter?"

We're talking about $500K folks. If there are so many irons in the fire, they should be able to determine at what stage these projects are in with respect to the sales cycle and crunch some numbers. Even if the answer was Q2 2005. Just an answer that is honest and 100% definite. It is something in any case. We're already at 88 cents. It can't get much worse. If they can't even predict sales of $500K after all this time, then why would an investor hold their position. Maybe, just to keep paying management's salary and bonus is all I can think of.

And that's why if they can't provide some guidance like this example, I believe there will be a huge sell-off. Now, the question is:

"Besides me, who will attempt to get through and ask this simple question." I have tried on past CCs to get through and never have. Makes me think that only known investors are able to get through. I hope you guys see my logic here and make the effort. It is for all our good. Its not a bad thing. Someone has got to ask a question like this which is in shareholders' benefit. I can't believe how calm, patient, understanding and bend-over-backwords polite shareholders are during the CC question sessions. SKS has 1 hour to be exposed to accountability on execution and it does not happen the way it should.

Paul





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Vacationhouse

08/12/04 8:09 AM

#50185 RE: PaulCzar #50180

Paul, Wouldn't it be nice,

If everyone was as smart as you. What a lovely post.

You were smart to get out. Not to worry, Your 4,000 share investment wouldn't have net you a killing anytime soon anyway. It is definitaly better to go somewhere else with the money. Wow, a $6,000 share loss, Why'd you stay in so long?!?!?

AS for the "A Strategy to Consider", Thanks! I think everyone should consider this. Simply a stroke of Genuis! Great trading strategy!


You write: "Everyone... let's say a prayer for deliverance. Seriously"

You do know that this is just an investment, right?!?!?!? We all decided against the cult thing years ago.

There are so many more wonderful points in your post, but there is simply no time to enjoy it point by point. A dentists chair is calling me. As if there weren't a little more pain already in store for today.

Wow, nice post. We really need someone like you to wake us up!
Thanks!

Good luck in your future investments, I am sure you will do fab with those strategies in mind!



VH2