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Technology Stocks : WAVX Anyone?
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To: Harold Lehman who wrote (6808)5/15/1999 12:27:00 AM
From: WTSherman  Read Replies (5) of 11417
 
I hate to strike a negative chord at a love-in, like this thread is... But, it seems to me that a company with a market cap of $600M, no revenues, little cash and no customers(yet) is probably not going to be seeing its price go much further north until and unless they actually strike some hard deals that will show that there really is a market for what they are making.

Question is, what size deals and how many will it take to move this to the $1B+ category?

Even RMBS, which is in a somewhat similar situation has some revenues and even some profits. Plus, there is a very clear market for what its designs will do(though there are alternatives).

What am I missing here? Everyone on this board seems to think that this is a lock...
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