In the present paper, we consider a wave system that is fixed at one end and a boundary control input possessing a partial time delay of weight $(1-\mu)$ is applied over the other end. Using a simple boundary velocity feedback law, we show that the closed loop systemgenerates a C 0 group of linear operators. After a spectral analysis, we show that the closed loop system is a Riesz one, that is, there is a sequence of eigenvectors andgeneralized eigenvectors that forms a Riesz basis for the state Hilbert space.Furthermore, we show that when the weight $\mu>\frac{1}{2}$ , for any time delay,we can choose a suitable feedback gain so that the closed loop system is exponentially stable. When $\mu=\frac{1}{2}$ , we show that the system is at most asymptotically stable. When $\mu<\frac{1}{2}$ , the system is always unstable.