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Re: Exactly tkc*

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 27 Apr 12 6:01 PM | 73 view(s)
Boardmark this board | The Trust Matrix 		Msg. 07466 of 54959
(This msg. is a reply to 07464 by Cactus Flower)
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To justify the investment of outside investors in Wave, I would estimate that a target valuation of less than $10bn would represent a failure of performance.

Given the history and the apparent private purpose and the unsafe harbour, I am not sure that the current team is capable of delivering that kind of value.

If the $50m target is serious, then I think Wave doesn't have the right CEO.

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The above is a reply to the following message:
Re: Exactly tkc*
By: Cactus Flower in ALEA
Fri, 27 Apr 12 5:40 PM 		Msg. 07464 of 54959

Not sure I understand the $1.6bn point. But yes, numberswise I am reminded not to rely on anything Wave says. The only numbers worth contemplating are the ones which are audited or that give rise to a legal obligation. This is a ridiculous state of affairs in a public company.

My mistake for paying attention to the CC. I feel the same sense of revulsion I used to feel when I listened to CCs around the time that TPMs were introduced and SKS was carroting to his heart's content. Oddly enough, I dislike being mislead and manipulated.



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