Replies to post #225332 on Wave Systems Corp. (fka WAVXQ)

[dig space]

not exactly,

I didn't say "now we are into 2013" I said I expect the Samsung-Wave ramp to begin in 2013.

I expect developments other than Samsung (which is comparatively recent) to manifest themselves this year.

ICBW, but that is what I believe.

It could end up being more or less than what I expect this year, but I expect this year to demonstrate more traction than last year.

Last year saw an increase in revs yoy of 38+%, I expect 2012 to show an increase in revs greater than that, how much is a crap shoot, but more than 38%.

Management has been somewhat consistently late in the last year, but not fundamentally off. BASF was later than expected, but did happen, BP was later than expected, but did happen. Other things are expected, and I expect they will happen. But I admit, things are pretty opaque right now.

Its very unclear what to make of the DoD pilots, the FBCB2 project, SFND cross-selling, presumably some relief in general SED availability and prices, the obvious potential for other large customers (perhaps only GM, BASF, and BP are interested in significant upgrades to the DAR security, but I doubt it), and it will be interesting to see what "relatively soon" means for the first Samsung products. Some combination of those things will emerge to accelerate top-line growth IMO.