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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: catherineiw who wrote (7369)6/9/1999 7:21:00 PM
From: Cosmo Daisey  Read Replies (4) | Respond to of 11417
 
"Slog" Tough going and lots of obstacles in the way before WAVX has any chance of success. Their technology is highly competitive and even though some of their products are propritary their exists competitive technology that is already in place. WAVX is late to the table and even if their tech proves better they will have a hard time displacing the installed accepted technology. Their technology is a copycat of existing methods that may be better but being first is the advantage. Take MSFT Windows for instance, other programs blow them away (OS from IBM) but the installed base of Windows and their budget thwarts competition, thats what justice is complaining about. CITN has competitive products already on the market and their stock price is $1.50 because nobody can make any money in this business.
cd



To: catherineiw who wrote (7369)6/9/1999 9:10:00 PM
From: sirww  Respond to of 11417
 
slog (slòg) verb
slogged, slogging, slogs verb, intransitive
1. To walk or progress with a slow, heavy pace; plod: slog across the swamp; slogged through both volumes.
2. To work diligently for long hours: slogged away at Latin.

verb, transitive
1. To make (one's way) with a slow, heavy pace against resistance.
2. To strike with heavy blows.

noun
1. A long, exhausting progress, march, or hike: a student's weary slog through Cicero; a slog through miles of jungle.
2. Long, hard work: an 18-hour slog in the hay fields.

Excerpted from The American Heritage® Dictionary of the English Language, Third Edition © 1996 by Houghton Mifflin Company. Electronic version licensed from INSO Corporation; further reproduction and distribution in accordance with the Copyright Law of the United States. All rights reserved.



To: catherineiw who wrote (7369)6/9/1999 10:28:00 PM
From: Sophie Janne  Respond to of 11417
 
If it was going to be easy then it wouldn't be worthwhile doing.

The hardest part is certainly behind Wave. Now we're flush with new money, product on the market, relisted on Nasdaq. The black days of only nine months ago were tough slogging.

The challenge is huge, but I believe in Peter and Steven Sprague. Especially Peter who has experience managing rapid growth. That is always the hardest part of running a company, successfully managing growth. If that be a long slog then so be it.

I don't intend to say the road ahead will be easy, but Wave has only made it to where we are now because of the people working there. Great technology does not guarantee success.

One last thing to remember is that Gilder has always been rather understated when it comes to commenting on Wave because he evidently, and understandably, feels a fiduciary responsibility.

Sophie