WavePhore (WAVO)- VBI fed WaveTop for WebTV Message Board

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

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To: Bo Didley who wrote (1999)	12/1/1998 5:58:00 PM
From: ilh1	of 2843

Note that First Albany also praises WAVO in their statement on CBS market watch: "First Albany analyst Joel Krasner said in a research note that he downgraded WavePhore because the trading price exceeded his $12-per-share, based on ten times the company's 1999 estimated revenue.(From strong buy to neutral) "Our revenue and net loss estimates remain unchanged," he said. "Our change in opinion does not reflect any deterioration in our outlook for the company's business. In fact, the recent two announcements reinforce the likelihood that WaveTop could be a successful service."

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