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Technology Stocks : WAVX Anyone?
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To: jas singh MD who wrote (2366)5/27/1998 9:24:00 PM
From: SCOT MCKAY  Read Replies (1) of 11417
 
I spoke to Steven Sprague's assistant the other day and was informed of the following:

A) The stock has to trade at $4.00 + for 90 days before relist on Nasdaq.

B) It is against SEC reg's to "Hold" a Press release for convenient timing. (I suppose that if a deal is not "signed" yet, then there is no news.)

C) Wave continues to pursue closing other OEM contracts.

The general feeling I got was very positive but not anything specific (which would be illegal) about EEE, just that they continue to confidently work their plan.
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