Wave Tech (ITEL) Message Board

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Microcap & Penny Stocks : Wave Tech (ITEL)

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To: Larry O who wrote (338)	1/4/2000 8:28:00 PM
From: haler	Read Replies (1) of 344

Larry- Good to hear from somebody on ITEL. I bot. ITEL during the Merger plans with DCTC. I was ARBing, buying ITEL when it was trading less then DCTC. Now DCTC trades at less then 50 cents while ITEL is over $10. I can't find any news to account for recent ascent. But the recent steady climb in price seems as if there is some Major NEWS or Acquisition in the works, and companies such as ITEL are buyouts in the 300 million range. The current market cap is still only 32 million even after going from $3 to $10. I've searched for NEWS or info. on ITEL and can't find anything, went to their website and E-mailed the company for any info. and no response, hmmmm!!! I would appreciate any info. you may have, particularly the rumors on the cnbc boards you saw. Please post the path or url to the cnbc boards if you don't mind. thx in advance, Hale

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