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Technology Stocks : MWAV-M WAVE COMM

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To: FIFO_kid2 who wrote (40)2/11/2000 9:24:00 AM
From: Tom Hua  Read Replies (2) of 443
 
Jeffrey, if you go back and read the earnings PR from the previous quarter, you'd see the guidance for last quarter was $3 to $3.5 million. They beat the upper range and showed a 62% sequential increase. As I said, the company only needs to do 20% sequential this year to double revenue in 2000. Sales to Lucent is growing at a very impressive rate. I fully expect them to do more than $30 million in 2000. As for the stock, with a public float of less than 800k shares, the upside potential is tremendous. Sure stock can pullback before it makes another rally. I'm holding tight.

Regards,

Tom
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