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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet -- Ignore unavailable to you. Want to Upgrade?


To: Chisy who wrote (1105)7/10/1999 4:56:00 PM
From: DJB  Read Replies (2) | Respond to of 1848
 
System buildout: A couple of questions. I understand that WAVC will sell their products to ISP's. I am trying to understand how the system will operate, in comparison to MCOM. MCOM with their $600MM capital infusion will build out city by city by installing radio transceivers on lightpoles spaced about every 1/4-1/2 mile apart. The WAVC Millenium modem will connect with a "base station" called a Communication Access Point (CAP). My questions are:
1. Are these CAP's similar to MCOM or are they a singular centrally positioned unit (i.e-at the ISP office)? (one per city?)
2. MCOM is described as a mobile, 70mph system. WAVC is described as a product for the home or office. Is there a difference in the portability/mobility issue?
Thanks for the help if you can provide it. I'm not a techie--just trying to figure out where to invest in this arena without putting it into some of the big names like QCOM, MOT, etc.



To: Chisy who wrote (1105)7/11/1999 10:00:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 1848
 
Wolanchuck is hyping this stock? Why does that not surprise me?

From a brief review of the SEC filings, I see

$75,000 of sales last quarter.

Burnt $1.5 million of cash.

Remaining working capital less than $1 million (or less than 1 quarter's worth).

What appears to be floorless financing in place.

Boy, that Wolanchuck sure knows how to pick 'em.