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


To: Arthur Radley who wrote (8895)9/1/1999 10:16:00 PM
From: ecommerceman  Read Replies (2) | Respond to of 11417
 
Geez, Tex, you gonna make me search through all of those upbeat posts of yours for the answer? Why doncha just humor me and post the response you'd already prepared and save me the trouble...

CM is more than able to respond for himself, but if you believe that the alliance of the 16 companies belonging to ISTPA is anything like a trade association (!), then your judgment is more faulty than I realized.

Furthermore, no one, repeat no one, is claiming that Wave's membership in ISTPA guarantees its success; it is, among other things, a clear sign that Wave is taken very seriously by a number of very significant companies, and to have Wave at the table while these companies are "merely" establishing the parameters of this emerging industry could hardly be interpreted by a fair-minded person as anything other than good news. Doncha think?

And, Tex, you're too smart to write: "The price tells it all." Did the price tell it all when Wave was at $29? If price tells it all, then I assume that "price told it all" then, too, right? How about when Wave was at $1, just a few months before it shot up to $29, did "price tell it all" then, also? There are many stocks that, because of their potential, are under-valued, and there are many stocks that, because of their hype, are over-valued. We'll see which one Wave is, but "the price" won't "tell it all" anymore than it did when Wave was at 1 buck or at 29 bucks.