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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: ekn who wrote (67303)3/27/2001 9:38:06 PM
From: ekn   of 122087
 
I have made a correct call on shorting WAVX stock 4 times in 2 years. Its a POS Gilder hype stock that currently is sitting on a 200MM dollar cap with 50MM in the bank from private placements. The company is currently burning 16 MM a quarter with nothing coming in. I don't see how in the grace of God this thing isnt going to 0 within 9-12 months. The CEO who is the son of the ex CEO --who by the way regularly dumps stock like the company was MSFT-hyped that the stock would hit 50$ a share when it was 5$ late last year. This is a stock that I *highly* doubt anyone will eventually have to cover. 200MM dollar cap and less yearly revenue than a mcds does in a lunchtime rush
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