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Technology Stocks : WAVX Anyone?
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To: waverider1 who wrote (4066)9/29/1998 10:55:00 AM
From: Kevin  Read Replies (1) of 11417
 
From Raging Bull:

Reassured

In response to my earlier post, I spoke with a friend who is an analyst that holds wavx in institutional accounts, and who regularly speaks with the company. While he would kill me for posting this, much of it has already been posted elsewhere already, and most analysts do not have time to track these boards anyways.

The pending OEM announcement is with Hewlett-Packard and while it was supposed to be completed after labor day, legal wranglings have caused delays and it should be done within the next two weeks. Most people were expecting this to be completed by Sept., hence the selloff as it will not be completed before month-end.

I remain confident and am going to follow my friends lead and increase my position.

I implore you to call the company and confirm this. There are other monumental deals that are just about complete (I could not get any further elaboration other than that NSM is a done deal).

Good luck and hang tough!
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