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

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To: BGL who wrote (767)11/15/1997 3:56:00 PM
From: David Gardiner  Read Replies (2) of 2843
 
The Individual Investor article profiled the top 5 companies that either INTC or MSFT owns a piece of.
They seemed to like the company primarily for the potential of the WateTop devision for its download speed, abiity to reach entire US, and the fact its bundled with Win 98.
The downside is that the company will remain unprofitable for a year or two because WaveTop is sucking up all the free $$.

Networks division is profitable and should increase in size 20% a year and has margins of 40%+.

They say the Newscast division is delivered through VBI which doesn't sound correct. It has margins of 70% and should double in size next year.

They finish up by saying "Investors buy shares in WavePhore not on the basis of current fundamentals, but on potential."

Overall not a bad article, about one full page. But there isn't to much in the story that hasn't been on the thread before.

Maybe with some luck we can slip into their magic 25 for 98. That would be nice.

Dave
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