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Technology Stocks : WAVX: Wave Systems Corp.

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From: TREND13/30/2009 11:29:39 PM
   of 604
 
Is WEBY about to give up on WAVX ?
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Posted by: Weby Date: Monday, March 30, 2009 10:57:48 PM
In reply to: telstarjohn who wrote msg# 176854 Post # of 176855

TJ

You state the obvious. I recognized long ago that they were building something I thought needed to be built. They couldn't sell the first iterations. I know why I stayed. I have no idea why you've stayed through a decade of not selling and having no salable product.

I know why I'm still here and why Barge is still here. SKS sold me on the value of 200 million TPMs. I think that's an investable asset then and now. I agree that they could/should have built a different educational program and things MIGHT have been different.

I don't think they have the sales problem you think they have. I think they have a marketing problem and didn't take the right branding approach. They argue that they never had the resources. I argue that some resources to educate the general public would have put them in a much better position when the evening news is about Chinese Hackers and the Dali Lama and EVERYBODY thinks that nothing can be done. THAT'S A MARKETING FAILURE!!! IMO.

I'm done with this discussion and arguing over trivia and opinion about the strenghs and faults of individuals. I'll just watch the price from this point on. If Dell and Acer sell the drives, Wave share price is going to go up. If Dell and Acer (and the drive manufacturers fail to educate their customers on the benefits of this feature SEDs. Wave will be history as its share price continues its 8 year trajectory.

One can bitch forever about the failure of the other guy, but ultimately I'm the only one responsible for the value of my portfolio and my choices. We've all had a million chances and years to get out of this stock. BTW -- that's not my spin, that's my take on the situation. You're entitled to blame SKS for being a poor salesman if that's your take, but before you do, remember that he sold you on investing in this and staying invested.
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