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

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To: Pierre-Yves Loriers who wrote (720)10/23/1997 8:02:00 PM
From: gary lavan taft   of 2843
 
I think that this quarter will be comparable to the others this year: approx. .20 loss per share. The amount might be a little less if revenue from network sales (announced earlier in the year) has been realized and new subscriptions to Newscast has also added to their revenue. However, I feel that the increased advertizing and beta launch of Wavetop will come close to off setting these revenues. I think the stock price rise is in expectation of some very important news that will be released timely with earnings. If I am right, the stock will hit 12.5 + by friday close and will run up more on monday.....but I have rarely been right on this stock. Just another shot in the dark.
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