For Those Who Have Been Patient...
The recent turn of events has reminded me yet again of the value of independent research. Friends, it doesn't matter if you're the first to find a particular cool link or bit of info as much as it matters that you are continuing your own due diligence and learning more about your investment. I would argue that the higher the percentage of your portfolio that's concentrated in a high-risk investment like WAVX, the more your own responsibility to keep reading the articles, keep watching the supply chain and drawing upon the core "finders" on RB and, on occasions, over here as well.
Had you NOT steeled your determination to keep accumulating WAVX or, at least, maintain your position... Had you been goaded or scared out of your shares... You wouldn't have seen what we all saw today. I'm not (just) talking about a nice percentage gain. I'm talking about the confirmation YET AGAIN of WAVX's place in The New Economy. It's been said perhaps too many times, but it bears repeating: WAVX is part of the ISTPA for a reason. And, I assure you, it isn't because the Intels and Microsofts and NCRs and Compaqs of the world want to give WAVX an easy source of credibility... And, today, you can know THERE'S A REASON that people of this quality are associating their names and reputations with the Sarnoff/WAVX joint venture. And, as Big Tim was the first to note on RB, there's a reason that that AOL Emeritus fellow specifically referenced "patents" in his remarks. And there's a reason that distinguished professionals are quoted in terms that convey a palpable sense of opportunity and excitement. And there's a reason that Nicholas Negroponte and George Gilder and Bob Metcalfe are still believers in WAVX, some TEN years after initially investing.
I haven't called a single move. I haven't found the pivotal link. I very much doubt that Steven or Peter know my nickname. (Not complaining, mind you.) But, in doing my own research, I have found--and continue to reinforce--my resolve. (And, yes, it's easier to say that tonight than it was just last week.)
To those who have had the fortitude to stay the course through this the summer of our discontent (especially those who continue to visit this quieter thread), I just want to say that it's been great having company. Especially company of such high caliber.
My Best Regards,
c m
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