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

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To: HairBall who wrote (2294)12/6/1998 1:11:00 PM
From: Steven Messina,L.M.T.  Read Replies (1) of 2843
 
I post on T-Mex's thread also....hope that doesnt make me a bad person : )

Anyway, found this to be interesting:

>>>Wall Street went wild for the company's stock Tuesday, running its price up $7.50 to close at $15.25.

"The WaveTop service is potentially a very lucrative opportunity for the company," said Joel Krasner, an analyst with First Albany Corp.

First Albany downgraded WavePhore's stock from a strong buy to neutral Tuesday after it began trading above $12, what Krasner thought it should have been worth.<<<

So I wonder how quick First Albany may be in reversing their rating.

Quite doubtful I know.

They cant upgrade/downgrade at the drop of a hat, but there must come a time where an analyst reversal takes place.

I just cant stop wondering where WAVO's shareprice would be today if CRAMMER accidently fell off his chair and fractured his uterus instead of opening his trap at the CNBC interview.

Word!

Boi
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