Lynx-Will keep an eye on BVG.
It looks like the market in general is recognizing the potential of Wavve.
The I.R. company in New Jersey is well established and has been telling the story and setting up meetings for the CEO.
It seems like almost every company out there is moving on to the internet and needs eBusiness solutions, so the market is growing so fast there is a huge demand for these services.
According to I.R., Mr. Ingrahams team used to manage 75%
of the worlds Internet traffic at MCI so they definitely have the credentials!
This is from an article about Bob Ingraham:
- "Worldcom asked Ingraham and his 30-member team ("we were like this rogue unit with no managers") to build out 53 cities with Internet service hubs. The company committed $100 million to the project.
"I was shocked. I was stunned," he recalls.
But after building out 12 cities, Ingraham was asked to help figure out technical difficulties arising from overloaded Internet backbone switching hubs, which were about to collapse due to their increasing loads.
In June last year, when MCI merged with Worldcom, the company asked Ingraham and his Internet team to move to Dallas. But the crew, having put family and roots down in Sacramento, decided they wanted to stay.
In an effort to stay put, Ingraham presented MCI Worldcom with his plan for an Internet business in second-tier markets. They turned him down, so he and his core unit left the company and set out to look for venture capital."
(Full article)
amcity.com |
