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Technology Stocks : WAVX Anyone?

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To: ecommerceman who wrote (11298)1/24/2003 2:50:23 AM
From: Tony McFadden  Read Replies (1) of 11417
 
ecomm, I know what you mean, but, unfortunately that is not the way to do it...

when emotions and not logic rule the buying and selling decisions you cannot do well.

As far as Wave is concerned, the June 'hardware security' announcement convinced me to buy back into Wave again...it took me a couple of months to organize it (logistically) while based in Asia. The buys actually happened, for the most part in October.

With everything status quo I will give it 18-24 months. With bad news (financing will be too small to have any significant help, patents are challenged, the entire sprague family upo and leaves with their patents) I will sell.

With significant good news I will probably buy more.

There are days that the price depresses me (everything else I bought at the same general time as Wave is solidly green, and in one case I sold at a triple...) and on those days I re-focus outwards a couple of more quarters and go do something else.
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