WAVO is a developer and provider of proprietary products and services for low-cost, high-speed, data broadcasting systems
for distributing electronic information via existing television, radio and satellite broadcast infrastructures and the Internet. For
the nine months ended 9/98, revenues rose 8% to $17.1 million. Net loss applicable to Common rose 8% to $18.6 million.
Results reflect increased subscribers to the service, offset by increased sales and marketing costs.
Somethin's up...duh...looks like daytrader s would've had the best crack at it, as they will tomorrow. Not much thread talk, considering the advance. Insider Action(IA) is very light. OS/F = 25/17, not too bad. passed through the 50DMA, but resistance is the 200 at 8 1/4-3/8. Volume is good, but it recently, dries up the next day. We're also still stopped at the straight line price tops.
The play...watch it tomorrow, if possible. Otherwise, confirm the action w/more good volume days and TA. |
