Replies to post #53027 on The Jailhouse (JAIL)

[HhH]

Interesting post on WAVX (from Yahoo)

and, of course, deleted by Snackman at IHUB in his relentless effort to control the information flow (aided and abetted by his prostitute friend Matt).

(Thank you GregS.)

Facts, truth...
by: sane_butevil_fuzzball (23/M/Plainsboro, NJ)
Long-Term Sentiment: Strong Sell 11/17/04 05:22 pm
Msg: 62622 of 62710

Look, it's pretty simple. Wave System in so many years has not broke even. At all. They have a product that can sell (to a certain extent) but the sales guy don't seem to push it hard enough. So what if 1$ / board is received. YOU STILL DON'T BREAK EVEN. In other words, this is a sign of very BAD management. When your CEOs get shitloads of money and don't do jack, this is BAD. (About the only one working for wavoids/wavexpress from the administration that gives a crap and break his balls is Michael (I wonder how he can put up with all this...)).

Any of us that used to work for wave systems/ wavexpress could tell you the same. It's not the engineers that are the problem, just the administration and sales. There has not been any market analysis done, no marketting plan and not even a REAL business plan. How in the hell can someone be stupid enough to invest in the company? All the management do is gozzle down big pay checks. Meanwhile, the employees suffer from pay cuts / workforce reductions (for both wave systems and wavexpress).

Steven is a moron, and we all know that (He just can't run a business, sorry bud, but that's what you look like). Peter is just a figure head that does the bare minimum (by the way, how can you guys keep him on wavexpress when he stole close to 1.5 million dollars of wave systems?!) Dave, well, do you work for us? Or just get paid since you're college buddies with steven?

Now now, whenever I hear that TPM is common to store your certificates/private keys and that the common mortal uses it, ok, ya'll might be CLOSE to breaking even, or at least, poke interest into some companies to get there. Heck, I might even buy your stuff. Meanwhile, you got ways to go.

Right now, what you need to do is to get the company straight; wavesystems/wavexpress. Ya'll can make that money, you've just been taking the wrong path the whole way. I'm no business administration professional, but I got my basics about it in college. I've never ran a company and I could do better for gods sake. All you need is a plan, a strong methodology and ethics, which you completely lack.

Now, you know what, shove that 1$ up the yingyang and THINK. I give you a couple more months before you get delisted from NASDAQ, and maybe 2-3 years before the whole thing finally shuts down. (It's amazing the financial miracles that happenned there... ~250 millions down the hole and this is where you at.)



Posted as a reply to: Msg 62612 by nxtflatpanel