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Technology Stocks : WAVX Anyone?
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To: 24601 who wrote (8443)7/26/1999 5:45:00 PM
From: Arthur Radley  Read Replies (1) of 11417
 
24,
No apology necessary!
Man! I've been on the wrong side of a stock before and know how it feels.
My being here on WAVX was that I was the first to mention the Barron's article. Merely wanted to share the information for those that might not get it until the normal Monday time frame. I then did a little DD on the stock and posed a few questions. I though they were very innocuous question but as I began to show some concerns about WAVX I then started getting the suggestion for reading INVESTING FOR DUMMIES.

If you want a case study for Barron's articles and the likes of Claugus short candidates, I would suggest you go over on the Cymer thread(well over a year ago) and read the thread after William Fleckenstein suggested Cymer as a short. From the fury and rage thrown at the guy here on SI, you would have thought that surely the man had no mother and most definelty no father. When the article was written the stock was trading at well over $30.00 and you can see the recent 52 week low for the stock. Guess he did a cursory look also.

But enough of this history lesson. And one bit of advise if you want it. Today's action and volume wasn't necessarily the action of short
sellers so please don't get caught up in this anti-shortsellers malarkey for those who want to explain away today's price decline to this reason.

I wish you well. WAVX could be a winner.
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