News Focus
News Focus
icon url

kisamura

03/18/13 6:44 PM

#230517 RE: aleajactaest #230514

alea, was the head count mentioned? how many positions did they cut? what's the current head count?
zen, wave had a 5 year window before MSFT jumps in. that window is shut now. there will be no more GM type deals. samsung may get wave some $s, but when sks said he expected samsung mobile product in late spring, that of course means maybe at year-end. in the meantime you're looking at a couple of PPs and a sure RS within the next 3 months.
icon url

aleajactaest

03/19/13 11:06 AM

#230542 RE: aleajactaest #230514

one additional point re dilution.

the cfo's statement re cash requirements indicates success is unlikely to be right around the corner.

the need for $6m suggests to me that a significant deal is probably 3-6 months away at the earliest. in wave's judgement outside the unsafe harbour.