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Technology Stocks : MWAV-M WAVE COMM -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (39)	2/11/2000 9:16:00 AM
From: FIFO_kid2	Read Replies (1) \| Respond to of 443

First of all I beg to differ MWAV guided revenues this quarter at $3.5 million and stated it would be profitable according to my sources. Given that information I was expecting a nickel a share in profits. They missed that number. You also notice the company guided the low end of the sales range at only 15 million and it is apparent they cannot generate a meaningful profit at that sales level as margins are lower than last year. I need proof of these sales and decent margins which were not present last quarter. If those things materialize and if they can generate a $ 1 in earnings you could see a $ 30 stock. My take is once the volume dries up the stock will head south because trading in it on low volume happens to be very difficult because it typically had spreads greater than 20%. Good luck to you and I admire your risk taking. I took my $7 point gain because I find the stock now has risk. As long as you got a bunch of traders interested in this deceptive situation all the power to you.