ekn,
I think the WaveXpress business will (or at least should) be huge and am eagerly anticipating further news on it. I did not include it in that brief note because I'm not aware of any near-term (1-2 months or less) developments that seem likely to generate news -- nothing I could really document, anyway. Since I was posting on short-term trader threads, the 1-2 month time frame seemed an appropriate limit. The WaveXpress initiative is certainly a key part of my broader investment stance toward WAVX.
(By the way, I obviously don't know if we will see any OEM deals within the 1-2 month time frame, either, but I noted this possibility because there's considerable will in the industry to do client-side security on PCs sooner, rather than later, and I see a close link between the release of Embassy II and the potential to land OEM deals.)
The National Association of Broadcasters conference in April is potentially big for WaveXpress, of course, but the NAB Web site doesn't even list WAVX as an exhibitor/attendee, so I didn't want to emphasize that. I appreciate that WAVX is aggressively pursuing the networks for WaveXpress, and I'm hoping we'll see news along those lines soon; but I think the timetable for WaveXpress remains pretty vague.
BTW, I view this company very much as I view RMBS: WAVX is offering a core technology that might become ubiquitous in PCs and an immense range of other client devices (smart cards, mobile phones, PDAs, set-tops, game consoles . . . essentially, any device that serves as an interface for electronic interactions). I truly believe that if WAVX can get its technology accepted as an industry standard, it can become one of the biggest companies in the world. Imagine being a tollbooth on the Infobahn, collecting a cut of all commercial transactions conducted through Wave-enabled clients. The potential is absolutely breathtaking. |
