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


To: Tom Hua who wrote (41)2/11/2000 4:19:00 PM
From: Mary Baker  Read Replies (1) | Respond to of 443
 
Tom, it is quite obvious that you know volumes more than I about earnings reports and dissection and analysis of such. Admittedly, I am still a simpleton with the market and trying to learn as I go.

I read your posts at ESHR and I read your posts here at MWAV...and in "general" it seems that many stocks take a dip after reporting earnings...even when the news is good. I am just trying to follow your reasoning with ESHR and MWAV.

So, were you at all the slightest bit "nervous" about MWAV after they reported earnings earlier than expected? There seems to be a divergence of opinion on this board concerning the earnings report for MWAV.

I missed an extra $2400 net gain by selling on fear...and settled for a measly one grand! Thanks for trying to enlighten me...I am watching MWAV with utmost curiosity.

BTW: I also owned ITXC that has a very low float. It took off like a rocket a few weeks ago. I sold a few dollars near the top and now it is taking a swan dive the last few days. So, now I am understanding the mechanism of tight float.



To: Tom Hua who wrote (41)2/13/2000 2:55:00 AM
From: FIFO_kid2  Read Replies (2) | Respond to of 443
 
Tom- the company missed my profit projections by a wide margin explaining why I purged it all at a 300%+ profit in a short 2 1/2 months. I took advantage of this liquidity to unload a huge position of a normally illiquid stock. MWAV still does have justifiable potential but I am not going to gamble until the profit picture or current price gets more favorable for my taste.There is lots of risk in a stock during a quiet period that is normally illiquid-aka FIFO_kid.