Archer,
You're wrong--one big announcement can indeed "make" a company, as you put it, if it's big enough. For instance, say it was announced tomorrow that a major OEM was going to deploy Wave, what do you think that would do to the stock price? Furthermore, and more directly to your point, what do you think that would do to "make" Wave Systems? Quite a lot, don't you think?
I don't disagree with your point that a minor announcement that received maximum hype wouldn't change much other than the stock price, and that would be temporary. However, don't be so sure that a major announcement that actually would make a huge difference to Wave might not be made any day--check this out, if you missed it, from The Economist:
"That, according to Dr Stefik, means that rights-management systems based purely on software are, in the end, unlikely to be sufficient. He thinks extra hardware will be needed, too. This will probably be built into future generations of PCs in the form of a so-called copyright chip (©-chip) such as the one developed by Wave Systems. This is a hard-wired, and therefore tamper-proof, substitute for some of the software in more orthodox systems. But since the ©-chip will not actually be a separate piece of kit, customer resistance should be reduced. That, with luck, will eliminate the freeloaders."
Yeah, that and 50 cents will buy me a cup of coffee, I realize--but serious folks are taking a hard look at Wave, and I'd take the money I'd made and run if I were you.
Pluvia, on the other hand, I hope stays short and enjoys his just desserts... |
