Howard, I read the Barrons's piece and I figure the pros already shorted into WAVX before today. We will see if the little guys follow. We will also see if the support from those in the know on the content and oem side buy what is offered.
One thing the Story neglected to mention is that the investors who bought in at $11 undoubtably hedged their equity with short sales after we listed on NASDAQ. They won't have to cover with buys they will just replace shorted shares with stock certificates they own. However, if he thinks they will sell now I think he was disingenuous or not as careful with his clients' money as he should be.
Also, Visa, gets 2% for doing nothing but collecting. WAVX supplies the chip that allows the content providers to sell with a new business model: Pay per view, rent to own, free CD-ROM disks, DVD disks, that can be mailed like the AOL, MSN, Prodigy, Compuserve throw away disks.
Besides, our new subsidiary, N*Able already was dealing with the credit card boys, so they are paying attention.
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