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Technology Stocks : WAVX Anyone?

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To: fat boy who wrote (959)12/15/1997 6:36:00 PM
From: Paul Schmidt  Read Replies (1) of 11417
 
You're right.

Just saw final vol over 700K. I checked 3/4 of an hour before the bell, and 483K had been traded ie in last 40 minutes >200k traded without moving the price much. I think this should just be ignored, it is probably just market play to entice us to play, using the Internet week as a credible ploy. It's not happening on any news whatsoever. Looking at the price history of the share the MM's could be forgiven for thinking that it just takes a bit of dry wood to get a half decent speculative rise going.

:-> I might swallow these words as soon as they're out.... wouldn't it be nice.

I'm really still trying to understand how else MM's could trap people, apart from enticing the odd investor out of the woodwork to pay prices of almost $0.50 higher than 10 days ago. Anyway, once this game of musical chairs is over, someone is going to have to sell into weak demand, and we'll probably see the share dive under a $1 again.

So so long on wave
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