A Serious Response...
Audible is a leader in the aggregation and distribution of SPOKEN AUDIO content. Their success does not in the least diminish the possibilities and realities of Wave Systems. In fact, Audible's success has no bearing here. It's sort of like bringing an article about, say, a UNIX operating system to a thread about a provider of hardware security for the secure distribution of digital content. In other words: absurd.
And re: the Lego Media children's software distribution deal... Wave Systems need not apologize for going to Europe to ink the leading children's software provider for a deal. Europe is in its use of consumer satellite communications quite a bit ahead of the U.S. (As predicted about this deal, "Up from the crowd... came a grumbling Dude.")
As for why Audible is playing with big companies... I don't know. I congratulate them. Again, their success has no bearing WHATSOEVER on WAVX's success. I am content to have (a mix of content and development partners including) Mattel (via The Learning Company)... Electronic Arts (per the PGE opinion)... Tom Clancy's Red Storm Entertainment... HP... IBM... McGraw-Hill Interactive... Lego... while the co-founder of the leading annual interactive games event, E3, i.e., Allan Chaplin (on board since May) is out securing new entertainment and games content... and the inventor of Atari, Nolan Bushnell, sits on our board. As sandboxes go, it ain't bad to have these companions to play with.
Now, I think I'm going to start visiting the, say, SI XOMA and LGND threads with posts about green tea ice cream. (And I encourage fellow SI-ers to join me.) However to make it relevant... I will note that green tea has certain anti-carcinogenic and free radical-busting (i.e. antioxidant) properties... and thus could pose a serious competitive threat to biotechnology companies of all stripes. After all, green tea ice cream is, to some at least, delicious. And thus will enjoy far wider consumer acceptance. And green tea ice cream doesn't need FDA approval.
On second thought, I'm not gonna do that. Because I don't have a position in XOMA or LGND. And, even if I were shorting them, appearing to harass or distract those investors... who have been on the downhill course until fairly recently... would, I think, be seen as not very sporting at best... and venal... at worst. It's just a matter of choices you make in life. Some things you just don't do.
Happy Labor Day to all WAVX Longs... May the summer of our discontent pass... into a thoroughly uplifting Fall...
Best Regards...
c m
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