All I know is that Intel likes Wave technology a whole lot. And Intel has given the green light. And Intel would NEVER do this unless it had some sort of thumbs up from Mr. Softee.
Like i've been saying: It ain't called Wintel for nuthin'/eom
I think the markets are efficient in the long run and after new news is digested, but in the short term and when new discoveries are made, markets and individual stocks are at the mercy of fear, hope and greed! JMHO