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

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To: AJ Berger who wrote (804)12/8/1997 2:19:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 2843
 
OFF TOPIC:

WAVO certainly has some powerful allies. But I agree at this point it's hard to see beyond the 20% gain. Hard though not impossible. The market is unpredictable.

As for OZON I'm a little baffled by todays trading. I thought we would be strongly up. The number of laundry systems installed is up to 14 from 11 that I saw in the latest company press release on the subject. If, and it's a big if, each one of these systems was worth $400,000 in revenues then you get a decent rise in revenues alone from these sales. But it is the food processing industry that they are concentrating their efforts on at the moment. Trouble is that they are at the mercy of the larger companies they are dealing with which means no announcements until everything is the way the big guys want it. They still haven't replaced the Chairman and I would hope that when they do it will be with a person with strong ties to the food industry. In fact I'm counting on it.

Did you see the article on OZON in the Chicago Tribune. I posted it at that thread.

Good luck as always with your investments, Jeff
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