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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: david thor who wrote (498)8/4/1997 11:06:00 AM
From: gary lavan taft   of 2843
 
DAVID i saw an estimate but i don't remember where it came from. it was .16 per share loss. after the 1st quarter statements of some companys delaying their purchases untill later in the year and wavo continueing to spend on marketing and new purchases, i just expected the 2nd quarter to be poor also. i was thinking that the revenue from the big sales earlier in the year would not be realized until the 4 th quarter. i don't have any details to support my estimate, just guessing based on their 1st qtr. #s. i am guessing a loss of .20 to .24 per share. i bought this stock emotionally and i am in at a much higher price than it has been trading. i took a big gamble and invested everything i had, so i am eagerly awaiting the "teens" for the stock price.
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