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

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To: Jim P Mitchell who wrote (789)11/25/1997 8:54:00 AM
From: BGL  Read Replies (1) of 2843
 
Why are people making such a big deal about WAVO newscast growth rate?

Isn't most of this rapid growth from the Paracel On-line acquisition -- which isn't really revenue generating growth in the short-term. The only positive result from the Parcel acquisition which I see is:

(a) One less competetor
(b) Strengthened brand name recognition through more subscribers
(c) Anything interesting from Paracel technology

How was this acquisition financed anyway? Was it share dillution (non-debt) or a debt offering?

Boy, I hope it pays off.
BGL
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