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Technology Stocks : WAVX Anyone?
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To: JEFFREY S. FENDER who wrote (8786)8/23/1999 3:25:00 PM
From: B Spears  Read Replies (1) of 11417
 
Jeffrey,

I am going to have to disagree with you on this one. My feeling is that WAVE Systems is at the forefront of this particular technology and that is the biggest problem we are having right now. Wave is so far ahead to the crowd that no one really understands just how important this really is. If you look at the history of Intel and the PC you will see that no one considered how widespread the microprocessor would become. Back in the old days Intel was just a new small company that made microprocessors for a narrow market that consisted of mainly nerds and hackers. Look what it has become now. Who knows.......maybe in 20 years they are going to be saying that WAVE systems used to be this small company with this weird product that no one really understood except gamers.

Sorry for going on like this. My point is just that with emerging technologies like this one we will all need to be very patient. Take a good look at management. Look at the technology and potential market for that technology. If you are happy with the way management is attacking that market with their technology then buy shares and be patient. If you are not happy with their execution then take your money elsewhere.

Cheers in the long slog

Bob Spears
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