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


To: The O who wrote (1313)1/10/2000 12:16:00 PM
From: Tony A. Matthews  Read Replies (1) | Respond to of 1848
 
I hope for your sake it was not your life savings.

Market capitalisation of $150million on revenues of $1.2 million and lossess exceeding $10million per annum is not a good valuation.

Waverider is a good company with good management and people, but it cannot perform miracles. I think a lot of people will be dissappointed when earnings are announced. Step one is to launch the LMS products. Step two is to ensure market share through signing some high profile distribution partnerships. Waverider will continue to succeed but when investing in this company you should trade carefully.

I myself will wait until earnings and hope to get some on the dip.

Good luck.