Powerwave (PWAV) once again guided revenues down for Q1-2012. Here is the link to the release. While most companies would not issue such a release on a Friday without providing any relevant commentary or color, Powerwave management has once again proven that they lack the leadership to take this company forward. This is the 3rd quarter in a row that they have missed expectations. For followers of Powerwave, this has been a truly disappointing period which management continually claims to be a result of a slowdown. Part of that is correct, but for long term investors (I have followed the company for 15 years), the real problem has been the management team that has been operating this company since 2007. CEO Ron Buscher has to go as he has not delivered on anything over the last few years. Revenues have gone from $890 million with expectations of reaching $1.0