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Technology Stocks : WAVX Anyone?

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To: andrew peterson who wrote (6489)4/20/1999 8:10:00 PM
From: Frederick E. Repich  Read Replies (1) of 11417
 
To ALL:
I've been long WAVX for a little over one year. During that time, the price of WAVX has risen on high volume and then gradually fallen on low volume. If you look at the last two days, the volume has been low (below the daily average) and the price has fallen. Fundamentally, nothing has changed with WAVX. The NASDAQ relisting is still pending (not rejected), the potential is still extremely positive and not many shares have been offered for sale. Perhaps the MMs are walking the stock price down to cover their individual situations. Perhaps, Alladin or one of the WAVX executives with a large number of shares is selling to pick up some pocket money. In my opinion if you have the resources, it's a good time to buy more and then sit back enjoy the ride on the way upupupUPUPUP. Long WAVX!

Best Regards
Fred
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