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Technology Stocks : WAVX: Wave Systems Corp.
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From: TREND12/9/2009 7:13:21 PM
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Posted by bbigtim
Blue, I think the recent appreciation in WAVX was mostly attributable to three factors: the stock was oversold, the DOD contract, the Opal standard. Then the rally may have been sustained by relief that Wave would avoid immediate delisting. I have made it clear that I think the stock remains a promising speculation, but there are many other attractive investments if you think that a global economic meltdown can still be avoided.

For Q4, I am expecting about $3.3 to 3.5 million. Anything less would be disappointing, anything more modestly encouraging. I have no estimate for Q1 pending the Q4 results and conference call.
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