Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (116055)	11/6/2000 12:08:42 AM
From: Jenna	Read Replies (1) of 120523

<font color=purple> WAVX... the most volatile stock of the coming week award... LEE, Mass., Nov 1, 2000 (BUSINESS WIRE) -- Wave Systems Corp. (Nasdaq: WAVX) announced today that on Wednesday, November 8, 2000 at 4:30 p.m. E.S.T. it plans to host a conference call/webcast reviewing corporate progress and results for the third quarter of 2000. I am neither long nor short this stock but I do think it is capable of 5 point plus moves in the next 2 sessions. The techical position of WAVX is that it broke resistance of both the 10-Day M.A. and 21-Day M.A. moving average. It broke a triple top formation on Thursday, pointing at a further 'dead cat bounce' and more than likely buy on the rumor , sell on the news report.. But its still looking compelling as downside risk seems limited. sites.netscape.net

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