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

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To: david thor who wrote (631)9/27/1997 9:51:00 PM
From: Doug (Htfd,CT)   of 2843
 
Dave, far more than a half-dozen folks monitor this folder. The facts and analysis being contributed is excellent, and I couldn't improve on it.

I've been a WAVO shareholder for over a year. I began buying after the INTC $8/share purchase last fall, and added to my position as WAVO fell toward $6 this past winter, bagging my limit by February. I felt very good to get for an average of about $7.50 what INTC paid $8 to get. Of course, I didn't get 500,000 shares all at once. Pity.

The story you and others are telling quite well has been there all along. Its gratifying to see others finally discovering it, and the price of the stock responding. Recent moves on volume suggest that institutional buying has begun, and that we can expect more broker recommendations once they have their inventory in hand and begin to push it retail.

Someone asked how much a television tuner for a PC costs. Unless I'm mistaken, its cheaper than a standard modem, and is easy to get by mail, or as an option with a new PC. I expect that a TV tuner card will be a standard offering in mid- and upper-level PCs from this Christmas on.

Doug (long WAVO since 11/96)
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