Replies to post #63342 on Wave Systems Corp. (fka WAVXQ)

[buffetguy]

LD Of course. 4Q probably will show some......

sequential improvement but I think you will see much improvement in 2005.

anyway, my thinking is that we ought to see some pretty significant public sector (govt) contracts within the next 6 months or so.

Depending on the type of contract, one must analyze the situation carefully. Alot of tech companies have had to restate #s because they did not take the most conservative accounting procedure. I think Wave Sys is probably going to take the MOST conservative approach to revenue recognition so as not to fall into the same situation.

and so it goes.

[rwk]

LD / "Hey! let's see what Q4-2004 brings first.IMHO."

Then I suggest you truncate your sheet so that it doesn't go past Q4.

You appear to make it a habit of asking for peoples opinions and then summarily dismissing them as ill-founded or naieve. Rather odd and somewhat rude behavior in my opinion.