Replies to post #218386 on Wave Systems Corp. (fka WAVXQ)

[wlfpak4]

While I would not have considered it 5 years ago, I have been more and more inclined to think that Wave will never land a large order or contract from DoD, some large European entity or global auto maker, etc., until it is a takeover. For them, from a risk standpoint, it might be more prudent to do business with a larger capitalized company. While we say "Why give the opportunity to the investors in some other company?", the powers that be in those entities are saying "Why give the opportunity to the Wave founders and investors when we hold the cards and have other well connected people, friends and acquaintances that are able to take advantage of this technology." As good as the technology is and as badly as it is needed, they may prefer to let Wave wait and wither until SKS, the BoD and/or the Wave investors come to that realization. Just IMVHO and holding long until it all unfolds.

[gucci1]

Great post tkc, one of the best ever. I would only add one reason: the shareholders might wish a CEO who is up to the job.

[aleajactaest]

Hi tkc,

I understand the reasons for your list. But none of the items would make me wish to give the DoD opportunity to another company.

If I was miserable about Wave for all of the reasons you have described, I'd be all the more intent upon finding out what was happening at DoD.

The information is not derived from Wave. It has a timeline. It has nothing to do with Wave's harbour and everything to do with the opportunity Wave has striven for all these years. I recommend reading that set of documents, beginning with the September DoD memo, if you haven't done so. And then revisiting New Wave's post after the NSA conference.

You'd have to be crazy if you have been invested for so long (long enough to have become jaded about Wave) and then - given information about the opportunity you have waited so long for indicating the imminent adoption of roots of trust by the DoD (an organisation which has TPMs embedded in all of its PCs) - to give it to investors at another company.

I think it is possible to become captive both to optimism and to pessimism as a result of over-exposure to either of them. I tend to reboot every now and again by thinking about the nature of the problem and reconsidering how I believe it will be resolved. Wave supplies the solution to DoD's problem, in my view.

I don't buy into your commentary in that post, which - rather than being balanced - I think is excessively one-sided about Wave's progress. Wave's team has done pioneering work in the marketplace. It has taken a long time to find its place. But I think we all know what kind of opportunity Wave is pursuing. And there it is.