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Technology Stocks : WAVX Anyone?
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To: T. Pog who wrote (6503)4/21/1999 10:45:00 AM
From: ecommerceman  Read Replies (1) of 11417
 
If there's a sticking point for WAVX with Nasdaq I suspect it is very likely to be our lack of revenues, as you mentioned T.Pog. Most internet stocks don't have profits (yet), but certainly most of them have revenues. You would think, however, that our growing market cap and excellent agreements with extremely reputable companies would be enough to allay any fears that they might have about the strength of our company.

I put in an order for 500 more shares at 20, and hope that it sinks to that level. I read the Sarnoff press release in my hotel room last night and, while I'm no expert in this area (or many others, for that matter...), it seems to me that it is a very significant agreement, and shows that there are many potential revenue streams for this company.
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