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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV
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To: gary lavan taft who wrote (506)8/14/1997 8:57:00 AM
From: Bob Wolff   of 2843
 
Gary,

I don't believe that WAVO will do anything until it actually has a product that people can buy...not all this future technology that might never see it to market.

WAVO bought Mainstream Newscast for its ability to bring news to the desktop,(badly timed for what their prices where because the internet made most news cheap if not free) then they went and dumped more money into Paracel because they didn't have a good revenue stream from Newscast. (Mainstream Networks however is the only saving grace in this group of losers)

I believe that WAVO will stay between the 7.00 and 9.00 range until December when they will be hit from people selling for losses to cover all their other gains this year and the stock will drop to 6.00

Just my opinion but this company has not had a real and significant product to sell in over 5 years.
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