Replies to post #188187 on Wave Systems Corp. (fka WAVXQ)

[remote control]

Hi Lugan,

I must say I was thinking the same thing the other day when I looked at the institutional numbers. The 8% ownership I would say is a small indication of just how many shares are already locked up in very tightly controlled positions. The close friends that I know probably easily control over 500,000 shares, and I can tell you that I am very confident saying I do not know a single one of them who will sell under $40 a share. If this is a more common sentiment than we may all know, I think the action once we go over $5 a share could be interesting as I have reason to think the actual float is much much smaller than many may think at first glance. Let's hope that as Wave continues to appreciate in price that even more shares come under long and tightly held owners control. Weby has said many a time the fun begins not with short squeezes but when longs refuse to sell into a growing demand for shares. April-June could be very exciting times indeed.

RC