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

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To: Joe Valente who wrote (775)11/20/1997 10:06:00 AM
From: stephen p barnes  Read Replies (1) of 2843
 
<< Its new WaveTop unit "has sucked the cash right out of the company," grouses Stephen Barnes, a WavePhore shareholder and a money manager in Phoenix.>>

What actually makes it into a brief article after an extended interview always amuses me. <g>

The beauty of this article (this is the first I have seen of it, since I am not a subscriber) is that the author pretty well captured my firm's present (and positive) view of this company, despite our inability to perform much in the way of fundamental analysis. (Which is, of course, a result of WAVO being more characteristic of a venture capital investment - owing to the nature and magnitude of the WaveTop venture.)

Still like it. Would buy more on pullbacks. (Which, I figure, we will inevitably see.)

regards,
stephen barnes
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