Msg. 07287 of 54959 (This msg. is a reply to
07286 by
Cactus Flower)
Jump:
Initially I had $2m getting them to the end of Q2, I just don't see it now, I don't know what I did to numbers to change that, I'm closer to $5m. Way back when my whole hole thing became a drum beat I presumed BP as bigger and something Q1/Q2ish in the BASF zone plus a placement of say $5m. With BP smaller, and still no new large enterprise order, it seems to me cash is rather awful, perhaps if I go through yours and tkc's exchange It'll look better than what I am seeing.
Interesting post. My 10k-based cash flow thesis converges on Q2/3 as well. So in that uncertain, hesitant-steps kind of way when talking about Wave, I think we are all in agreement on Wave's own expectations, timing-wise, within a margin of error of, say, 3 months or so that there's something big in the pipeline this summer.
The question is how painful the gap between now and then will be. Give them a quick order for $5m and all is well with the world.
It isn't worth lowering the optimismometer for, as that is more of a long term measure.
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