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Workingcapital

12/31/10 3:03 PM

#203949 RE: wavxwizard #203947

Perhaps a stock issuance in January so they can buyout WinMagic? How's that for a farfetched reason :?) Afterall, we are in a "eat or be eaten" cycle.
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dig space

12/31/10 3:06 PM

#203951 RE: wavxwizard #203947

having spoken with Mr. Occam,

One may consider that a new major material definitive agreement was entered into a year ago with big auto that warranted reporting, and that said agreement was approaching its anniversary and was amended thus constituting amendment of a major material agreement, which again required reporting.

If this explanation is too simple, then perhaps SKS and Feeney are conspiring with big auto to dupe MMs and shorts and blind-side them with a big new deal in Jan.

You pick.
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tkc

12/31/10 3:06 PM

#203952 RE: wavxwizard #203947

The obvious reason is Wave Mgmt thought it was "material" and therefore they were required by Reg FD to disclose it.