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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: cm who wrote (8669)	8/10/1999 3:52:00 PM
From: SDR-SI	Read Replies (1) \| Respond to of 11417

WAVE PRESS RELEASE ON CONFERENCE CALL FOLLOWS: * * * * * * * * * * W1493 Aug 10, 1999 12:01 PACIFIC 15:01 EASTERN ( BW)(CA-WAVE-SYSTEMS)(WAVX) Conference Call Invitation Business Editors (BUSINESS WIRE)--Aug. 10, 1999-- Peter J. Sprague, Chairman and Chief Executive Officer Steven Sprague, President Gerard T. Feeney, Chief Financial Officer WAVE SYSTEMS CORP. (Nasdaq: WAVX) invite you to participate in an investor update Conference Call and Webcast to review recent progress. Monday, August 16, 1999 4:30 p.m. E.D.T. The conference call will be available live via the Internet at StreetFusion.com as well as through conventional telephone connections. INTERNET: To access this Webcast, please go to streetfusion.com and double click on "Public Company Simulcasts" and then double click on the "Wave Systems Conference Call" icon. Please log-on fifteen minutes in advance to ensure that you are connected prior to the call's initiation. TELEPHONE: The conference call numbers are 212/896-6094 and 415/537-1908 (feel free to use either number). Please call five minutes in advance to ensure that you are connected prior to the call's initiation. Please contact William Lee at 212/835-8500 with any questions. About Wave Systems Corp: Founded in 1988, the mission of Wave Systems Corp. is to create the world's best technologies and services to secure and sell digital information. With the recently completed acquisition of NAble Technologies, Wave now has a comprehensive line of trusted client co-processor systems. Wave's technology is an inexpensive, open standards, hardware and software-based device that enables secure transaction processing and distributed information metering in users' PCs. Embedded in PC hardware and peripherals, set-top boxes and other devices, Wave's trusted client technology is the foundation for client-based security applications and a new distribution and purchasing model for content and services. This low-cost, secure "system within a system" will enable the personal computer to assume an important new role in the evolving digital economy. By moving secure transactions to the desktop, Wave provides intrinsic value to the electronic commerce process, benefiting PC users, application developers, and hardware manufacturers. For more information, please visit Wave's corporate web site at wave.com --30--ks/ny CONTACT: Jaffoni & Collins, New York William Lee 212/835-8500 * * * * * * * * * * Steve

To: cm who wrote (8669)	8/10/1999 6:14:00 PM
From: cm	Read Replies (2) \| Respond to of 11417

Anticipate The Arguments... Can't you just hear it? Cackling about WAVX's $2000 in quarterly revenues. Even I laugh about it. It is, without question, an absurd sum. Tomorrow could be choppy. But, I will, gladly, scoop up more shares... as I did this morning and this afternoon. Let the shorts blithely skip over the section of the report that says N*ABLE-d deployment with Compaq in Q3. That's right, the report says Q3. That's right, the report says Compaq. Add in today's wonderful series of Barge posts re:HP's changes and updates to its VerSecure site. That's right HP. And, then, go back and take one more look at that laughable $2000 in quarterly revenues. Look straight at it. If that number (a bit of recorded history) scares the living bejeezus out of you... why on earth did you invest in a development stage company to begin with? However, if that bit of recorded history looks like just another bit of recorded history... and not much in comparison to deployment via Compaq in Q'3 and the IMPLICATIONS of HP's updated VerSecure site... and the FACT that an article I cited a while back quoted a Navy spokesperson using the exact words, "trusted client"... hold tight. And, in any case, ALWAYS do your own DD. I say this because independent DD teaches you more than just "follow the herd" investing. And helps insulate you against the misrepresentations of those whose investment styles are predicated on NO understanding of a company's business, competition, products, or prospects. One more time, though: STARE at that $2,000 figure. And expect it to be bandied about by those whose investment styles are as I have described above. Best Regards... and Smiling... c m