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Technology Stocks : IWAV -- Interwave Communications International LTD
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To: Lucky888 who wrote (5)1/29/2000 7:40:00 PM
From: SEAN007  Read Replies (1) of 8
 
>How can this kinda of company go public? They are taking advantage of the public..>
That is what I have been thinking all day. How can this be allowed?
As of September 30, 1999, we had an accumulated deficit of $121.2 million. "

Interesting how they road the Nortel Hype then we find out that Nortel owns 20% of IWAV and more interesting that....

"In April 1999, we agreed to reduce Nortel Networks' remaining quarterly commitments because we were unable to meet certain product feature specifications provided for in the agreement." Nortel only bought 900k of equipment last qt.
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