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Technology Stocks : WAVX Anyone?
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To: ecommerceman who wrote (7484)6/17/1999 10:40:00 PM
From: Oliver Hahn  Read Replies (1) of 11417
 
ecommerceman,

I was hoping we could get a feel for the size of the sky (since the sky may be the limit), and _when_ the sky might be a reasonable expectation. In the meantime, given the rate of expenses to get the show on the road, I suspect that a tertiary stock offering will be necessary, at which point people may be getting impatient and terms may no longer be favorable. A couple of weeks back there was some talk of more than a million chips installed by year's end, and I am glad to see this optimism has been reeled in. I frankly see little revenue in the next couple of years, but i need to put some numbers under that statement. In the meantime, I would enjoy hearing some quantitative figures on how the company is going to bootstrap itself into the big leagues and when it will reach the land of milk and honey. The longer it takes, the more likely someone as smart as the Spragues will come along and turn up the heat.

Oliver
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