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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: Rob LeVine who wrote (1687)7/13/1998 11:09:00 PM
From: Instock  Read Replies (1) of 2843
 
Rob: I found Mr. Deeds interview, and Business Weeks Hype so amusing that I short sold the stock at 16 1/4. If WAVO shows strong weakness, like it did after the first hour or so of trading today, I will short it again.
HUGE GAP at 10 7/8 would be nice to get filled!!

Business Week does story, Mr Deeds does interview on CNBC, Company has News and the stock still drops from it's high of 16 15/16 to close up just 3/16. With all that, all it could do was up 3/16, after dropping 1 15/16!!

Sorry longs, no offense meant. I just think the Business Week hype and interview would draw in alot of Buys looking for a quick buck. They get in fast, and sell fast. Might as well take the ride down!!

Once the stock gets back to a more normal area, it might be a good buy. Has away to go still. IMO

Instock
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