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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom

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To: Liatris Spicata who wrote (38)6/14/1999 12:14:00 PM
From: Christopher Brainard  Read Replies (1) of 170
 
Hi Larry,

The news does look good, but as you mentioned the stock has not even traded yet today (12:05 PM)! The last time I got excited and added more to my position (@$4.25), I lived to see the opportunity to buy in the $3.50 area. Not sure if this will happen again, but I am not going to be the only one buying at the current levels.

Waiting has proven to be the best way to play the small cap stocks. Buying on news has been a very good way to buy into a very quick short term LOSS.

The company looks to be going in the right direction. The largest institutional holder is adding to their position. (Dec-98 Vs. Mar-99) One of these days the payoff will arrive.

Take care.

Chris ...
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