Wave Systems Corp (NASDAQ:WAVX)

Uses Redchip.com a known stock promoter to pump its stock.

Dell is also its largest customer, accounting for over 70% of its revenue.

This is the lowest stock price of recent years. It will go up without look back start from coming monday.

This company is a joke! It’s not even worth the paper its stock price is printed on.

After 20 years of laying infrastructure in the computer security marketplace, Wave is about to breakout and become the favored security solution.

Cyber Security is a major area of expansion in the near future and this company has it's foot in the door. This is a nich area with lot's of growth potential. This company is seeing rapid revenue growth and will become profitable. Not a pick for the faint of heart. High risk, but with lots of upside potential.

Extremely High Price for Sales

It's gone up a long way on hope and hype, which is a story line that tends to end rather badly. This one may beat the odds, but I'd rather play these odds than play against them.

Wave's long-awaited swing to profitability will inspire a round of buying by new investors as well as "Wavoids," the Company's fanatical shareholder base.

only real game

This is for risk-takers, I think. They have a huge accumulated deficit, have been running in the red, and were almost bounced off NASDAQ. On the plus side they have cash on hand, have a promising product line that is timed well, and they have demonstrated orders. Their SG&A expenses look very high to me, making me question their mangement. R&D expenses are so high that I would expect more products coming out.

The area of security software - especially disk encryption - is pretty hot and their are quite a few competitors. Microsoft itself has disk encryption built into higher-end versions of Vista and Windows 7. The big advantage for WAVX is their centralized administration products, though I don't think it will be long before Microsoft follows through in this area (may already have).
The rapid rise in stock price we see I'm sure is driven by recent contracts and their partnering with Hewlett-Packard, but sales enough to bring them back in the black have yet to be realized. I think short term it all depends on their next quarterly statements which better show a good profit trend. I'd bet a small investment on their quarterly showing an improvement. Long-term is more questionable, especially with all the other products out there.

I have no knowledge of M&As, but I'd think they would be easy pickings for a buyout, unless the accumulated deficit is a problem.
Roll the dice!

new DOD contracts will boost revenue

Wavx is on the leading edge of trusted computing and as more companies realize what they offer will be interested in their product.

Good future earnings and growth.

All the pieces are falling into place. The solution has been ready...recognition on the threat is now taking place.

While the stock has survived for many years and has reinvented itself many times, it continues to lose money.

They need to bring in more outside directors and put pressure on management.

Wave was EBIDTAS positve Q3'09, was awarded a $1.6 Mil DOD consulting contract to evaluate trusted computing implemetation for the government in Oct '09, received $5.7 Mil in software and maintenance orders from a global automaker in Jan '10, is working with Intel and Seagate for centralized management of hardware encryption via Intel Vpro. Wave's software is shipped with most Dell computers containing TPMs (Trusted Protection Modules), is compatible with Acer and HP TPM containing laptops and most Seagate Self Encrypting Drives and most Intel Motherboards containing VPro technology. There are approximately 350 mil machines with TPMs waiting to be turned on, and some 40 mil copies of Wave's software have already been shipped. Wave's business model for managed machines is $40-$60/seat with yearly recurring maintenace of 15-20% of that for the expected 2-3 year life of the machine. Wave's TPM management software allows preboot control of machine identity, security measures such as fingerprint readers. Machines and hard drives become "bricks" when lost or stolen. Wave's software allows centralized IT management - IT no longer has to touch each machine - strong ROI. Bullet proof audit trail means that fully Wave equipped laptops that are lost or stolen are not at risk for lawsuits for loss of personal information - more ROI.

Wave survived a 10 year design, development, distribution and adoption cycle for Trusted Computing, TPMs, Hardware security, Hardware disk encryption, and finally is seeing the adoption and sale of Wave's TPM management services (both client and server). Wave survived this prolonged journey with private placement dilution of its share holders, but has emerged with no debt, and soon (IMO) profits (perhaps in the Q4'09 report). IMO its long suffering shareholders and new shareholders are about to be rewarded.

COMPANY SUSTAINS ITSELF ON DILUTION. NO LONG TERM DEBT WHATSOEVER. STRATEGIC ALLIANCES WITH MAJOR PLAYERS IN EUROPE, JAPAN, AND USA WILL START TO PAY OFF...BIG. DEFENSE DEPT OK ON WAVE'S SECURITY FEATURES BODES WELL, AND SO DOES RECENTLY DEVELOPED ABILITY TO REMOTELY CONTROL SERVERS, AND OTHER HARDWARE FROM IT HDQRTRS [PROTECTION AGAINST THEFT, MISUSE, ETC] WILL BE STRONG SELLING POINTS; AND SALES SHOULD FOLLOW.

world is finally beginnig to wake up to the product they sell.

$300 million of venture capital has been burned in the last 15 years and the company still survives on a continuous stream of PIPES with no breakeven in sight.