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

To: Smilodon who wrote (8283)	7/20/1999 11:26:00 AM
From: ecommerceman	Respond to of 11417

Archer--You're right that OEM deployment doesn't mean that the game is over and WAVX investors are golden. However, I'm confident enough in the system itself that I believe that the only obstacle facing Wave (and it is a significant obstacle, I agree) is deployment. If the chip is deployed I'd be absolutely astonished if it were not used, and used heavily. The way I see it, the OEM's--with their declining margins--have the rationale to deploy; if/when one of them do, I wouldn't want to be on the short side of the stock. I'd admit to being surprised by the continued selling myself, although I'm not greatly disturbed by it, as there is nothing about the fundamentals of the company that have changed. The main reason is that longs who bought on margin are being forced into selling shares, and that has lead to the current spiral. When that hits bottom, I look for a sharp bounce upwards, even without news.