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Technology Stocks : WAVX Anyone?
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To: ekn who wrote (8240)7/18/1999 8:28:00 PM
From: Norman Klein   of 11417
 
ekn, settle down. The drop isn't that important.

WAVX's fundamentals haven't changed. None of the following things has occurred:
1. AOL sold all of its WAVX stock
2. HP broke off all licensing agreements with WAVX
3. Intel introduced a new hardware solution
4. There is a large security hole in the Embassy design

Now, if any of these events had occurred and there was a corresponding drop in the stock price, then I would be concerned. But this is just the seasonal ebb and flow of the stock price. Short-term fluctuations while scary, really aren't important (unless you are faced with a margin call, but then that is your problem).

This is the market's way of telling you that you are watching your stocks too closely. Take a break and don't look at it for another 2 months.
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