WavePhore (WAVO)- VBI fed WaveTop for WebTV Message Board

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

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To: Witold who wrote (2747)	6/7/1999 10:21:00 AM
From: Smilodon	Read Replies (1) of 2843

Big market cap/relative to sales. Losing money. They have a technology looking for an application. Their technology has no future in the emerging internet. Even their core business is threatened by the internet. Limited financial resources. Management puts out lots of hype press releases. Company is using convertibles to raise cash, which creates a dilution death spiral. WAVO will probably go bankrupt within the next few years. Faster if the internet bubble continues to burst. The existing tender offer is probably fake. See if they will actually buy your shares, you should take it. Sorry, nothing against you, but I think WAVO is a BS company. Archer

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