Replies to post #180484 on Wave Systems Corp. (fka WAVXQ)

[Snackman]

I agree. Look at the volume. Just think what will happen when we get an announcement of 100,000 seat upgrade.

[Dory]

On the plus side, assuming Wave is at or near CFBE for Q2 and income is even higher in Q3, Wave should also have a nice healthy balance sheet in Q3, in addition to a profit. Wave will be in a position to invest the profit in business growth, instead of using it to pay off debt. The Street should recognize this and the shareprice should reflect it.

But I am curious as to why Wave went with a different investment banker. Was SRA suddenly uncooperative? Did Wave become unhappy with them? Did the new banker outbid SRA for the job? Is this good, bad or neutral?

Cheers,

Dory