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Technology Stocks : WAVX Anyone?

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To: DAVID C. DeANGELIS who wrote (2377)5/27/1998 11:58:00 PM
From: SlateColt  Read Replies (2) of 11417
 
Rush rush rush...everyone is in such a hurry...be patient...you don't get rich overnight...

Pumping the stock up to 7 bucks only to see it fall back to the 5 range the next day or two does absolutely ZERO for the stock or company. In fact, the only purpose it serves is that a lucky few who timed their trades right make a quick buck and more importantly, it artificially inflates the stocks beta, scaring away future conservative investors (aka Money managers)

How about we settle for some meaningful announcements this week followed by some analysis by the crew here of what those announcements will mean to projected revenues and earnings? The stock will take care of itself. Long term, daytraders are irrelevant to the stock price.
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