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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: David Gardiner who wrote (662)10/1/1997 5:59:00 PM
From: reed nakazono   of 2843
 
David,

If I thought this was the only "news" I would share your dissappointment, but I don't. The price action today suggest more is coming. If it takes spreading rumors to sustain the price we are in deep "kimchee". However, there is some "unsubstantiated information" being circulated, certainly not by me, that an institutional investor has increased its holding in WAVO to somewhere around 15%. Hope that helps. :-)

Reed
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