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Microcap & Penny Stocks : Wave Tech (ITEL)

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To: haler who wrote (337)1/4/2000 6:03:00 PM
From: Larry O  Read Replies (1) of 344
 
I have been in the stock and following it for three years now. I saw some rumors on the cnbc boards. If they are true, it would explain the rise. The float is extremely small (shares outstanding are only 3.4 million) making the price extremely sensitive to any buy/sell pressure. I am holding on, I believe someone may be looking at the internet connection and hoping to cash in on the possibility.

Larry
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