Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 235.64

-3.4%

3:59 PM EST

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To: Stock Watcher who wrote (1555)	1/31/1999 12:37:00 PM
From: Trippi	Read Replies (2) of 52051

WAVX Alert -- Gerry-Miles a poster on the Raging Bull thread reports that Microsoft has taken a 10% to 15% position in WAVX over the past week. Microsoft (or whoever the grand accumulator is) would have to file a Form 13-D with the SEC within 10 days of exceeding 5% ownership in the company. If Miles is correct -- that would mean the filing would be public by late this week or early next week at the latest. Its clear WAVX has been under accumulation by a very big dog -- if it turns out it was Microsoft -- well do I need to complete this sentence? Other useful stuff -- Today WAVX has a market cap of $240 million. John Mulcher (spelling?) stated that when one OEM signs with WAVX -- $1 billion market cap would be fair value. Steven Sprague (WAVX's commander in chief along with his dad Peter) made a statement a while back that WAVX would not file for relisting on the NASDAQ until it had signed one OEM. Friday WAVX announced it was applying for relisting on NASDAQ. Translation: Someone big has been accumulating WAVX WAVX applying for NASDAQ = One signed OEM One signed OEM = 1 billion market cap. 30 million shares at $32 dollars = 1 billion market cap. Stock at $8 -- Wall Street Forum presentation is on Feb. 3 NASDAQ listing in next 21 trading days. Big Accumulater must file 13-D within 5 to 7 days if true. Annoucement of Signed OEM -- before NASDAQ listing? or after? This is not a day trade -- I predict WAVX will lead the index for some time. Trippi

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