Oliver--Yeah, IF you assume successful deployment, then the sky is truly the limit, we'll be lighting cigars with the proverbial hundred dollar bills. I'm cautiously optimistic, but not blinded to the challenges that we face. I don't think Gilder used the phrase "a long slog" lightly (why would he?), and I've battened down my emotional hatches for precisely what he predicted. I've got about 1/3 of my stock portfolio invested in WAVX, so I'm way deep here (probably too deep for someone who doesn't think this is anywhere near a dead-cinch), but the most compelling reason for investing in a stock as highly speculative as this one is simply the reason you mentioned: if we have a successful deployment, we will virtually be manufacturing money. In my view, this continues to be a very risky stock, but one that justifies a heavy investment because the reward--if it hits--is stratospheric.
By the way, I don't think the Sprague's appearance tomorrow on CNBC is worth getting TOO excited about--I understand that they're there not to talk about Wave, but rather to focus on the father/son dynamic. Of course it's great to have ANY attention on Wave, but if the attention is pretty tangential to the company, then it's not going to amount to much in the end, I don't think. |
