Replies to post #60818 on The Jailhouse (JAIL)

[HhH]

dig: send Matt a twenty dollar bill...

and he'll let you run the Q&A board. Whimpering will not get you out of here. It ain't what motivates old Matt.

And now, as to the WAVX saga. When a company does $100K in revenue--and essentially zero of that is sales (all "development" deals, etc., etc., etc.), during the period in which that company's CEO has projected $5 million in revenues, it's time to face facts. This guy is either nuts or a liar. Or possibly a little bit of both.

Dig, there's no way this thing does even a million in revenues in 2005. It ain't gonna happen. The scientists might be brilliant, for all I know. But management is utterly incompetent. They haven't a clue about managing a company. Compared to WAVE, the guys at Xerox were management geniuses.

This thing isn't worth a dime. And the market will eventually realize it.