Replies to post #230513 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

it looks like an accounting issue, but actually it reflects operational failure.

it wasn't worth what they paid for it. it didn't produce the growth they hoped for.

but hey. it's still likely worth a lot more than scrambls.

[dig space]

They have nothing to do with it,

Wave came across some money, and they have to spend it as fast as they can .... it is a Sprague thing. GM + BASF = SFND + Scrambls.

Dell bought one of SFNDs competitors (Credant) the potential for synergy on the Dell front has likely been nil from the beginning.

There was the whole cross-licensing of Protector to Credant, and although I have asked, I have gotten nothing resembling a cogent response.

Perhaps with Dell's considerable backing Credant seeks to reverse engineer DDP-A? Naw. I think Dell will maintain DDP-A, but may prefer to sell it as an upgrade and not a bundle.

Or they choose to keep bundling on get great price concessions.

Or whatever.

[jermart]

After I first heard of the purchase of safend it took me less then 5 minutes to find out the previous owners had written down safends value at 0. Maybe that should have been WAVs first clue.