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Technology Stocks : WAVX Anyone?
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To: andrew peterson who wrote (2485)6/1/1998 1:16:00 AM
From: Wahoograd  Read Replies (1) of 11417
 
I understand that Wave will be receiving the remainder of their licensing fee from ITG of England, somewhere between $3 and $4 million. There have also been recent warrants exercised that have generated around $700,000. Both of these sources should provide ample funds for Wave through the Summer and allow them time to select the best source for long-term infrastructure financing.

By that time I would expect the stock price to be significantly higher than it is today, thus further dilution should be minimized while sufficient funds are raised.

Wahoograd
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