Infowave Wireless Messaging IW:TSE Message Board

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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: straight life who wrote (1519)	4/3/2000 12:12:00 AM
From: axial	of 1690

straight life, you nailed it. Sitting here in front of the keyboard, and thinking of going through the whole litany of reasons why IW should remain in anyone's portfolio - what's the point? Anyone who's done their DD on this stock realizes that the recent price correction has nothing to do with the fundamentals of the stock itself. It was a market correction in an overheated sector, plain and simple. Look at Aether - from a high of $345 to $181. More, the recent $30M financing is a vote of confidence in the stock by people who've seen the books, seen the business plan, and know what's coming: things we can only guess at. Note also that the financing was done on very good terms to Infowave. Ultimately an investment is an act of faith, of belief. Who's to say what will happen? It's a guess, a probability, confirmed as much as possible by research. Myself, I'm staying; though I'll reallocate some when the price gets right. I'm still looking for $50 in September, maybe even $70, and $100 in spring of 2001. I don't see a whole lot of stocks that will beat those kinds of returns.

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