Story on Wave Systems
That Ship Will Come in, Right? - New York Times
Made money on this puppy a couple of times.
First time was meeting Sprague Pater (Peter, Steve's Dad) at PCForum, intrigued with the idea and, since the stock was low priced, just backed up the truck and loaded up.
Did not sell at the top, but made enough that a few years later, had dinner with Peter, and introduced him to Shirley as the one that paid for decades of visits to PCForum (VBG).
Later trache was donated to Leelanau Conservancy to trigger major land aqusition deal.
All in all, a couple of nice "rides"