Replies to post #181978 on Wave Systems Corp. (fka WAVXQ)

[hnstabe]

internet-oh. would you please explain the revenue flow for SED vs TPM upgrades? What is an SED upgrade? I seem to have lost the thread. I was multipling by $50 not $7.50. Thanks in advance. hnstabe

[tkc]

Internet, 80% of Wave's upgrades are through purchases of SEDs? I missed that and am curious where that data came from; not doubting it. I think many here had supposed that, that would be the case. So, if last Q (Q2) there was 6150 upgrades and 15,000 SEDs, 4920 +/- (80% of the upgrades) resulted from SED sales or roughly a 33% attach rate. Have I got that right? Tia