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Technology Stocks : MWAV-M WAVE COMM

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To: Brasco One who wrote (362)9/18/2000 1:50:02 PM
From: stiltz1  Read Replies (1) of 443
 
I think you're right; but I am concerned that earnings announcement are quite a way off and what will sustain the stock price? I recall one investor at the CC remarking that institutions are not inclined to invest in stocks with such small floats because of the likelihood of radical price swings. This doesn't speak to the underlying value of the company, or to the fact that some institutions may be taking positions (hopefully not to unload after the end of the quarter) just to the volatility of a stock with such a small float. stiltz1
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