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Technology Stocks : MWAV-M WAVE COMM
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To: stockteller who wrote (25)2/9/2000 7:49:00 PM
From: Tom Hua  Read Replies (1) of 443
 
stockteller, I agree. If the stock becomes an investors darling, it could trade at 10 or more times top line, which could take it to $100/share.

In Oct 98, my brother-in-law and I bought PHTN at $2 3/4. It was trading at P/S of slightly below 1 like MWAV now. Today it trades at double digits P/S and stock is around $60. My brother-in-law is still holding his 20-bagger. Mine was long gone, an expensive mistake.

Regards,

Tom
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