Replies to post #70024 on Wave Systems Corp. (fka WAVXQ)

[Pickle Power]

Great post and I have to admit not seeing the forest through the trees during this past week. I believe we want to see WAVX succeed so badly that waiting for the pundits becomes unbearable sometimes. WAVX has not only transitioned to a production stage company, but the stock has become a long-term hold with much wealth to be created as this new market unfolds. WAVX has been simply been a trading stock for the past few years. It is like waiting and waiting to get your license only to find out your Mom or dad have to drive with you the first year. You are bummed because your act is not on officially on the road, but after a year the driving performance will be much improved and driving radius subsequently expanded. How is that for a confusing analogy.

Not trying to be sour
Pickle

[Weby]

The nature of the problem.

The problem is reliable communications

Communications partners, analysts, and stockholders can rely upon. Since all three groups have different criteria and needs, this is a difficult task.

Up to now, at best, only the partners have been satisfied...and that has meant minimal communications. Stockholders in particular have been given mixed signals. It's gonna be awesome! and $6,000 dollars in revenue is a mixed signal. Dell Latitude machines and awesome is not a mixed signal. Months and months of expectations that Wave will appear on HP and IBM sites and first no appearance and then apparantly meaningless pages is a mixed signal. Brian Berger is the Chair of the marketing group is some kind of signal, but like NSM and STmicro without steady signals, it is hard to interpret.

Failures are never noted. Continuing relationships are not regularly updates...In short, Wave Stockholders and the street are ALWAYS uncertain of what Wave has, is, does.

THIS HAS TO END!!!

I was not disappointed by RSA because I did not expect much. I will be disappointed if in 8 days at the analyst meeting SKS does not STRONGLY CLARIFY our relationships with specific partners (STMicro, NSM, various OEMs) He MUST connect the TPM happy talk with solid IN THE BOX information. Minimum expectations that WILL be met need to be defined. If it's only the $80,000 of the USMA so be it. Happy Talk won't cut it with this shareholder. And I'm not being inconsistent. I said immediately after the cc that I didn't think that sks was right about 1.1 machines not being delayed by 1.2. They obviously have been.

I see the current Dell roll out of 1.1 as a positioning of corporate awareness and training of pilot groups who will then install enterprise systems of 1.2. I see Nivea and MEC OS as positioning for significant sales of 1.2 computer entertainment centers for Christmas. HP is already positioning those kind of TV ads.

I'm urging sks to set aside the first 15 minutes of each CC from now on for SPECIFIC updates instead of telling us what's new and cool and seeming to change the subject.

Unless, of course, he can simply blow me away with numbers...
Lest anybody forget, my number is higher than Snackman's. Remember that large can of Koolaid I brought to the SHM!!!
I still believe that 4 million Dell machines can be sold with Wave's software for somewhere just under $10 to Wave. If that is false, then the CEO has an obligation to give me enough information to let me come to that conclusion based on what he already knows.