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Technology Stocks : WAVX: Wave Systems Corp.

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From: TREND15/9/2007 10:12:27 AM
   of 604
 
Posted by: TraderJoe812
In reply to: TraderJoe812 who wrote msg# 144186 Date:5/9/2007 12:15:48 AM
Post #of 144229

And lastly, one of the major reasons besides all the PIPE fiascos used to fund this company which illustrates Wave may go out of business anyday if it can't obtain funding, is the headquarters in Lee. The offices being in a meat packing warehouse is a laughable scenario. Would you do business with Wave if you saw their HQ? Then of course they look at the balance sheet and say: "NEXT!" And the HQ placement is the decision of our BOD. Where is all the money going? Don't tell me R&D. I can't believe they can't move into a decent facility. Speaking of facilities, you have the set-up in NY which is at 179 Franklin now. Before it was in a building which was coded for non-commercial use. There's other aspects of this company that make you stop and think, but I digress. I'll just stay on the sidelines and keep watching. It's safe on the sidelines and if Wave finally makes some real enterprise deals (PapaGino's is a friend helping out a friend deal), then I'll jump in because some significant revenues will come. I am interested to see the upcoming earnings number though.

Joe
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