"But, it seems to me that a company with a market cap of $600M, no revenues, little cash and no customers(yet) "
Just goes to show how impressive their technology is doesn't it? From the outside, I'd be skeptical too. That's why the stock price hasn't appreciated any higher. Consider Wave a "diamond in the rough." But, if you take the time to research the company and their prospects, you'll undoubtedly come to the same conclusion we love-festers have. And please share any conclusions, positive or negative, you ascertain. I'd like to think this board is interested in both.
Also, realize that Wave is transitioning from a total R&D effort to full production and service mode. Once that transformation is complete, customers and revenue will follow. That's what we're all waiting for, to be able to crunch some numbers. At this point, we don't know how many customers they'll get and how much they'll spend. WinTV tuner cards will be launched in June and PCFree in July (USB dongle and PC inclusion later this year.) Once the revenue starts flowing, we'll be able to project how much a customer is worth. That is, of course, if Wave shares the numbers with the individual investor.
---Slate |
