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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (2173)3/26/1998 4:35:00 PM
From: hank stone  Read Replies (2) of 29382
 
WAVO

Microsoft bought 500,000 shares of WAVO (approx 2.9% of 17 M outstanding shares) in November 1997. So if you bought WAVO today, your purchasing price is less than what Microsoft paid ! I believe Intel owned the same amount of shares.

Internet stocks are hot and very expensive now, such as AOL, YHOO, LCOS... I consider WAVO is a smart internet investment and much cheaper.

HS
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