Replies to post #197695 on Wave Systems Corp. (fka WAVXQ)

[lugan]

My best estimate is a large majority.

[gamer]

I have been buying shares on the way down.

Now have my full allotment - but can buy more.

Have no inside, or close to inside information.

After studying the company - I think $2.00 is pretty
cheap and that the upside - over the next several
years - is a lot more than $10.00.
Even with reported 80 million shares - and what
is it 20 million more - once the sales pick up -
profits drop to the bottom line pretty fast.
Just look at the revenue and margins of MFE, etc.

I don't know why the sell off has been so severe -
but at this time, I am inclined to weather the
storn - accumulate a few more shares if they really
hit it - and wait for everything to shake out.

Did SKS buy the patents because he thought all this
might happen? Are they really valuable to Wave?
I don't know any answers - but do not think all
the work that Wave has done will end up worthless.

[Weby]

Donald

I wish I had a chart of your mood swings. Wait I do!! It's the Wave price and mood swing chart!!!

Two possibilities: Intel bought McAfee to build a software/hardware security app business and kill the idea of software only security or they bought it to own everything and do what Greg S suggested they'd do years ago. I'll keep betting that this is good for Wave.

1. Share price of Wave will be considerably above $6-7 dollars before Intel can turn McAfee into a software/tpm powerhouse.

2. Wave and TCG approach has been the heart of Intel security approach for a decade and it's hard to change or merge such different corporate philosophies.

3. As Awk pointed out to me in a conversation this morning, AMD is speaking about hardware security too! Can you say, too much power might be seen as a monopoly. Intel as both major hardware and software security firm? They will have to tread lightly on others. One way of doing that is to keep Wave and TPM management as a Swiss movement -- as has been said here many times.


4. Intel's decision should demonstrate to all here how big the potential market is. This is probably the opening shot in the movement of Trusted Computing into the consumer application world. I'd guess that Intel wants to play there. Entry fee for them is not a big Mac afee, but 7 billion dollars. Wonder whether this makes hardware security a separate sector? If it does, is the leader McAfee who has no hardware security software, or Intel with its iTPM and Wave software which allows Intel to work with everybody else right now.

5. This merger strikes me as establishing Intel, MSFT, and Google as the competitors. Maybe it's time for MSFT or Google to buy AMD -- and where do Oracle and Cisco fit into the shape of the future?

6. At times like these, emotions and bruised egos can make for bad decisions. Strangely, I own almost exactly the amount of shares today time 3 that I owned before the split. It's what I call my core. I've lost some money, not because of margin, but because I have an addiction and find it easy to buy Wave high than to sell it at any price. Mrs. Weby wanted me to buy my shares today at $1.83, but I bought them at $1.91 in the morning because I could. I expect to see $60 before I see 60 cents -- so I'm not been playing here for nickels, dimes or two dollar bills.

Could I be wrong? Sure, I bought a few shares above $4 about six weeks ago. Never thought I'd see $1.80 again.

Let's see where we surf when this endless summer ends.

[xxxxcslewis]

no.