WAVX Anyone? Message Board

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Technology Stocks : WAVX Anyone?

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To: Scott Rafe who started this subject	1/10/2003 3:01:55 PM
From: dabadabadoo	Read Replies (2) of 11417

i'm gonna bid adieu to all the oldtimers who did frequent this board: marty, ecommerceman, et al. the last EDGAR posting put in black and white what was obvious. the market isn't buying what The Spragues are putting out even in this heightened security environment. the marketing to European banks began last spring is an acid test and it was unsuccessful when judged by sales: next to nothing. i haven't seen any explanation in the AR or on the web site that explains the objections of the European bank prospects for the product. i don't know why a financial angel would step up by 3/31 to finance WAVE.i see in the press releases where 'heat' is being generated but i don't see any 'light': customers. even if some financing came in, apart from issuing (and diluting current) shares, the hobbled pace will continue. indeed, any significant market acceptance seems over the horizon. i'll make a bet with my dwindled WAVE stock that the outstanding loans made to the Spragues and others will never be repaid when WAVE is a) sold to another company or 2) goes Chapter 11 by EOY '03.

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