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

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To: Shanstar who wrote (860)1/28/1998 9:07:00 PM
From: BGM   of 2843
 
Shanstar
It is very hard to specify price movement and amount. Some people will be concerned that the company is using cash heavily. I have some concerns here, but these are only short term. I listened to the entire conference call and the first part of the questions. I was very impressed with the people in all divisions, the products and aliances they have in place, and their positioning to take advantage domestically and internationally of this explosive arena.
I am not sure they will be profitable this year, but their growth and positioning will reap great rewards 1-3 years out. This will be a major home run for investors. It may not be for short term traders.
I think the year will unfold with continued alliances, sponsors, sales and penetration as we have seen for the last 6-12 months. Their plan and positioning of so many pieces makes them formidable in these growing areas. Be patient.

Invested for the long term
BGM
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