Replies to post #91839 on Wave Systems Corp. (fka WAVXQ)

[dig space]

awk more or less:

40 mm TPMs x 50% share = 20 mm TPMs wit ESC = $ 2.0 MM
50 KTM ES AD x $8’000.00 = $ 0.4 MM
4MM ETS x $10.00 = $40 MM (represents 5% activation)

TOTAL 2006: 42.4 MM - 20 MM burn = 22.4 MM => .224 / share

P/E 40 => .224 x 40 = $ 8.96/ share

[go-kitesurf]

awk, so you set mobile to zero for all 2006? I have mine set to mid-year deployment, but the numbers are low. I think with a 400M deployment amount per year for mobile vs 200M for PCs, mobile numbers should be double PC numbers kicking in Q3 2006.

[Dutchbj]

Right On, Andy!!! By figuring a 40 PE (higher than my estimate), but probably more accurate, you have estimated our price to be at $47. per share by eo 06'. This, coming from such a knowledgeable poster such as yourself, is very encouraging. Someone please post this once a week, or everyone should make a copy, for when the board gets depressed by the bashers...thanks Andy..Flyer' ps...Now, I KNOW we are severely underpriced at this juncture..

[hasty469]

Posted by: awk
In reply to: go-kitesurf who wrote msg# 91815 Date:8/15/2005 3:51:10 PM
Post #of 92663

Simple 2006 revenue calculation....

80 mm TPMs x 80% share = 64 mm TPMs wit ESC = $ 6.4 MM
500 KTM ES AD x $10'000.00 = $ 5.0 MM
3,200,000 ETS x $36.00 = 115.2 MM (represents 5% activation)

TOTAL 2006: 126.6 MM - 20 MM burn = 106.6 MM => $ 1.18 / share

P/E 40 => 1.18 x 40 = $ 47.00 / share

The above does not include attestation servers nor transactional revenue. Mobile busines is not taken into account.