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Technology Stocks : WAVX Anyone?
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To: GerryMiles who wrote (4344)10/27/1998 6:15:00 PM
From: andrew peterson  Read Replies (2) of 11417
 
"Gerry" -- may I remind you that the last company name you spelled out on this board was I-N-T-E-L. Funny, I didn't see their name mentioned today. When it comes to predictions about announcements, you're an odd mix of overconfident assertion and random guessing -- I suspect that what you're doing is mostly the latter and that you're doing it mostly to make yourself feel good. So while I want us both to make a ton of money on this company frankly, your pronouncements are not credible. Funding from IBM would probably be a nice thing (depending on the terms), but it seems sort of unlikely to me. What would be IBMs interest? What would they be looking for in return? If I were IBM I'd be quite content to let WAVX fund itself through reg D type vehicles and a secondary offering. I don't at all share your confidence that there will be no further dilution. It would be very nice if it worked out that way, but given the fact that WAVX will be subsidizing the deployment of the chip, they're going to need to raise a bunch of money going forward. Hard to believe that this won't involve at least some dilution. I'm not trying to be a gloomy gus here...just trying to be realistic. Looking forward to more announcements and a nice even rise in the stock price as the tremendous significance of today's announcements starts to penetrate the market.
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