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Technology Stocks : WAVX Anyone?
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To: 24601 who wrote (8289)7/20/1999 3:44:00 PM
From: Arthur Radley  Read Replies (2) of 11417
 
24,
Granted! There are many things in this world that I don't understand. However, let me tell you what I do understand and know.
1) WAVX has a ten(10) year history of generating $25,000 in revenue.
2) Stock has dropped nearly 60% from 52 week high. (I guess others haven't taken the time to understand.)
3) Well respected fund manager with EXCELLENT history OF MAKING MONEY FOR HIS INVESTORS indicates the stock has no future. His actions resulting in scurrilous attacks on his character and knowledge(how many times did I read...cursory look on his part). Ensuing results are that the stock has dropped about 30% since his report.
4) Stock is consistently one of the most hyped stocks on Raging Bull. You have to love it when the following statements are made ad nauseam....(a)shorts are desperate(SURE!A 60% drop and THEY are desperate)(b)Company isn't hyping the stock(c)contract coming from Microsoft Intel....(just fill in the blanks)______________
5) Insiders bailing out of the stock so fast that they must have a line outsider of their brokers office...Next please! Please don't break in line as your turn to sell is coming up. And the insiders respond ...Yes! But please hurry up as we can't keep these shorts in their "deperate" mood much longer.

Yep! A lot I don't understand. But I am desperate to learn.
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