Replies to post #65203 on Wave Systems Corp. (fka WAVXQ)

[Weby]

Buffet

Just looked at the financial numbers for ORC. Not in the least impressive. They seem to be a bunch of consultants trying to use their knowledge and leverage to start a money-making business. Until we see some results...I'll put them somewhere in the vicinity of Litronic.......The only difference is they seem to have LESS ongoing business to protect and may end up proving valuable.

and on another front today:

[rwk]

buffetguy / numbers

ORC is a subsidiary of WDPT. The current market cap of WDPT is about $27,000,000. Thus, by default, the dollar value of these individual projects is either small or unknown. The importance of the ORC relationship to Wave is currently based upon the qualitative aspects of providing security services to the DOD rather than the quanitative value of those services.
This may change in the future, but that's the way it is now.