WAVX Anyone? Message Board

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Technology Stocks : WAVX Anyone?

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To: ecommerceman who wrote (5564)	2/15/1999 12:01:00 PM
From: Sparkle	Read Replies (1) of 11417

Hi ecommerceman, WAVX has a high/low range of 3/4 to about 14 and is now at 10 3/16 which may be considered at least, satisfactory stock performance. One possible reason why there hasn't been even higher stock prices is the OTC:BB market where the trading takes place. As you know many if not all institutional and large stock investors are not permitted to trade in this market trade in issues below 5 dollars per share. They will be allowed to trade of course if and when the stock trades on NASDAQ and we have applied for listing and the stock is now over $5-. The WAVX PR effort may have been purposely delayed until the shares trade on NASDAQ and starting 2/15/99 Hewlett Packard will initiate their 150 million dollar advertising/promotion campaign where WAVX may be mentioned in connection with our joint effort to promote EMBASSY with all its benefits to the users. There are probably some other non-fundamental reasons which explains why the stock has not yet reflected its merits. Best wishes, Sal Monaco

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