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Technology Stocks : WAVX Anyone?
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To: Paul Schmidt who wrote (4424)10/29/1998 4:47:00 AM
From: Tony McFadden  Read Replies (1) of 11417
 
Funny, I received my proxys yesterday [living in Taipei]

Regarding the additional 25mil shares, it is my understanding that they will not be released on the market. For that matter, all of the current 50mill aren't on the market. It was described as a good time to get approval. Then, for example, if WAVX wished to go for a secondary offering the shares would already be available.

That's the way I see it anyway.

Tony
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