ramblings that Newbies to WAVO should consider
this stock is now in the hands of Internet Stock DayTraders,
who only put it into play after it's CNBC coverage, and
WAVO will only fly or die at their whim which may not last
beyond tomorrows open. It has not tripled in a week, rather
it has returned to its prior trading range justified by the
expanded roll of VBI broadcast potential, thanks to WAVX.
WaveTop is still a major disappointment to those who bet
it's integration into Windows'98 would boast it's potential.
WAVO & WAVX, increased bandwidth and adaptation by other
settop box makers will mean a great deal more to this companies
bottom line, then this leveraging existing industry wide
alliances for a new E-Commerce site. The E-Commerce aspect
will miss this Xmas season, and will likely struggle to
de-throne more powerful players by next Xmas. E-Commerce is
simply the "hot button" daytrading subject of the moment,
and if you don't have a real time screen to watch all day,
you should avoid "playing" this stock unless you are prepared
to lose what you "bet". The point I'm trying to make is this
is a much more substantial company then many of the other
E-Commerce companies that have run-up in past weeks, but that
aspect of WAVO's operations is the least of it's concerns.
Its current main concerns have yet to provide the kind of
cashflow that would justify the belief that their E-Commerce
efforts could succeed, thus the Wall St. Downgrade. WAVO is home
to a wonderful new arena of content distribution, but has been
available for over to a year now, has already fallen far short
of it's original billing. I was a WaveTop 1 and 2 betatester
and removed it from my computer because WaveTop is still not
compelling enough for many. I'm very excited by the pay as
you play possibilities for content distribution possible with
WAVX's envelope system. But this E-Commerce thing is simply
playing into the hands of what's fashionable to daytraders.
Todays amazing volume indicates to me that this stock is now
trading between the longs and shorts fighting for dominance,
and the I'm betting the shorts will be right when the dust
settles tomorrow. When the daytraders get bored of this stock
and move onto the next fad, WAVO will resume being a good
investment to those who support innovation over the longer term.
To those who would argue that E-Commerce overall will increase
dramatically in the coming year, I'd agree that is most likely
to be the case. However you must consider that traditional
retailing already generates 30-60% margins historically on these
commonly offerred Online products, and has yet to be proven profitable
using E-Commerce methods. Companies are simply throwing so much
money at establishing a presence that investors can only judge
companies success by it's sites hits, or numbers of transactions,
but few can actually prove this new retail fronteer can actually
be profitable. Even the best Wall Street technician are at a loss
to quatify the current Internet Stock frenzy beyond the old tulip
bulb models. This current DayTrading is just like so many other
recent runs in the past that often crash and die as suddenly as
they sore. Just be careful out there tommorrow, and Good Luck. |
