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Technology Stocks : WAVX Anyone?

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To: catherineiw who wrote (8558)8/3/1999 1:04:00 PM
From: Tony McFadden   of 11417
 
Catherine,

I think there is circumstantial evidence that Compaq is embracing WAVE technology.

The N*Able/Wave deal was first announced June 15th, although I think it is extremely likely that they were in discussions prior to that announcement. Firm evidence of this is the inclusion of the shares in the June 9th Financials that accompanied the PGE Strong Buy recommendation.

June 14th, Compag announced www1.compaq.com!ob~677_1_1,00.html

Compaq Announces Innovative Solutions for Secure Transactions
New Smart Card Technology for Network Security


It is inconceivable that Compaq didn't know about Wave at that point, and accepted the transaction [or they would have scuttled the N*Able deal]. The fact that the market didn't react to the Wave's June 15th announcement tells me that either a)the market is an ass or b)nelzoni's theory [see RB] is bang on.

Tony
slog, slog, sloggin' along

PS -- I'm looking for a nice Q2 report -- we're due!!
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