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


To: johnsto1 who wrote (111)3/29/2000 5:02:00 PM
From: Tom Hua  Respond to of 443
 
What the hell did I buy this pos for

Nomandic, could it be for instant gratification? Everybody wants a quick 50% return in this new economy market. Unfortunately it didn't happen and I do share your frustration. I rather become an investor with a long term view.

MWAV's fundamentals are solid, growth rate is excellent (100% yr-to-yr), profitable throughout this year, selling at P/S of less than 1 on FY2000 revenue, good relationship with big name customers like Lucent and Motorola. In the end, these types of companies and their stocks will be valued at much higher levels. One such example is PHTN, <$3 a year and a half ago, but the fundamentals finally took hold, and stock proceeded to rise 30-fold.

Another positive development is a new campaign to create investors awareness, targeting institutions and brokers as well. Management has made it a top priority to enhance shareholder value. It won't happen overnight, it'll take a little time to achieve the desired outcome.

Regards,

Tom



To: johnsto1 who wrote (111)3/29/2000 8:41:00 PM
From: Paul A  Read Replies (2) | Respond to of 443
 
Nomadic, you sound like my post on the SNUS thread :)

No reason to sell a stock like MWAV.. the company has basically said hey- we are kicking serious ass in 2000.. this stock needs exposure, but other than that- any drop is a great buying op... and just like ESHR, im putting my money on the line too.. it will just take time.. probably alot longer than your willing to give it, but in the end I think youll be sorry if you bail now.. its an easy double.. someday :)

im sure youve seen this over and over but:

*** Joseph A. Turek, Chairman and Chief Executive Officer said, ``We are excited about our future in 2000. We expect to exceed 1999 revenues by up to 100 percent with sales ranging from $15,000,000 to $25,000,000. We have received increased sales estimates from our larger customers and have increased our manufacturing capabilities by adding front-end management and a second shift at our Bensenville location.'
***