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Strategies & Market Trends : The Amateur Traders Corner

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To: horsegirl48 who wrote (8138)4/9/2001 3:38:27 PM
From: Tom Hua  Read Replies (2) of 19633
 
hg48, been too busy today with my daytime commitment (not related to the market). It's very hard nowadays to find a stock in hope for a quick return. I think investors must focus on the longer term. Nevertheless, for both short and long term hold I do like MWAV at the current $5 level.

The CC on May 2 will probably clear up the cloud hanging over the issue of Q2 and beyond. Investors hate uncertainty, and MWAV was hammered last week for that precise reason. I took the opportunity to re-establish a position.

What some fail to realize is that MWAV's business model (virtual manufacturing) allows the company to expand very quickly in good times, but shields the company from being hurt as much as other companies during a down cycle. More on that later.

Regards,

Tom
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