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Technology Stocks : WAVX Anyone?
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To: catherineiw who wrote (7369)6/9/1999 7:21:00 PM
From: Cosmo Daisey  Read Replies (4) of 11417
 
"Slog" Tough going and lots of obstacles in the way before WAVX has any chance of success. Their technology is highly competitive and even though some of their products are propritary their exists competitive technology that is already in place. WAVX is late to the table and even if their tech proves better they will have a hard time displacing the installed accepted technology. Their technology is a copycat of existing methods that may be better but being first is the advantage. Take MSFT Windows for instance, other programs blow them away (OS from IBM) but the installed base of Windows and their budget thwarts competition, thats what justice is complaining about. CITN has competitive products already on the market and their stock price is $1.50 because nobody can make any money in this business.
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