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Technology Stocks : WAVX Anyone?
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To: Jesse Livermore who wrote (6488)4/20/1999 7:02:00 PM
From: andrew peterson  Read Replies (2) of 11417
 
My take on recent events is that the Sarnoff news, while important, is the sort of foundational news that we've been getting for quite awhile now. Wave is building an extraodinary infrastructure for deployment. But it's not deployment. News like this is important in the long term, because when this stuff starts paying off it's going to pay off big. But it's not going to move the stock until, like cm says, we've got deployment. I think that he's not the only one waiting on deployment. As far as I'm concerned, that's the big thing that has to happen now. It's bigger than re-listing, which will come sooner or later. Investors need to see the revenue stream. In the mean time, we may drift in the wind a little. And that's okay. We'll get there.
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