SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (8569)8/3/1999 10:51:00 PM
From: ecommerceman  Read Replies (1) | Respond to of 11417
 
Tex--After taking Klingerg to task for selectivity (and he was right to note that he included the URL for the entire article), perhaps you will admit that you were being a little, uh, disingenuous when you wrote earlier today that, "As for supporting evidence.....10 years and no trip down the aisle with one of my grooms [CPQ, IBM, etc.] that I mentioned." Is it really surprising, Tex, that Wave didn't sell any Wavemeters before the internet burst into full bloom? I don't think so. Sprague was substantially ahead of his time when he came up with the idea of the Wavemeter, and not until recently was it a viable concept because existing technology hadn't yet caught up to the brilliance of it. Of course, I'd be a fool if I admitted that there was no risk here--there's plenty of risk, and I may lose every last dollar that I've invested in this company. On the other hand, if Sprague is the visionary that I believe him to be, the reward that I'll receive will dwarf almost all other stocks. Time, of course, will tell.

And I disagree with the statement from the analyst, "Unless all come on board, it probably won't work," because that's not the way it will happen, IMHO, and here's why: if one major OEM deploys, it will put significant pressure on the others to deploy as well. If CPQ deploys and establishes a very needed revenue-stream, doesn't it make sense that the other OEMs will do likewise? What would be the motivation to hold back, aversion to money? Of course, I'm assuming that the revenue-stream will accompany deployment, I admit. If I'm wrong, I'll pay the price, and if I'm right, I'll be a very happy man.

As I said, this stock isn't a "done-deal," and sure as hell isn't for the faint-hearted. But the risk-reward ratio is better here than with any stock I've ever seen, and I'm content to ride the wave for quite a while in the future.