to those concerned over license revenue, don't be. it is temporary, rwav is in the midst of shifting the licensing framework to capture a greater portion of the underlying market. this was stated on the conference call. the benefit here is the license revenue will no longer be fixed but present what is essentially a revenue sharing agreement. For instance, Vignette is selling a rwav product as part of their story server... under the old system rwav received a fixed fee, but under the new system they will receive a % for every story server sold which imho offers greater growth and visibility for the growth.
The pieces they have in place and will put in place in the first half of this year will show it's fruits in the second half and beyond. This is a great time to accumulate.