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


To: Brasco One who wrote (206)4/17/2000 12:57:00 PM
From: Tom Hua  Respond to of 443
 
Donny, a little perspective:

Many years ago, this stock traded in the mid 20s (with 33% more shares outstanding) and revenue was close to $30 million a year. And then MWAV went through a long drought cycle because of its heavy dependence on military-related business which took a hit. As a result, stock got punished.

That was the painful past, now to the future.

The company now derives most of its revenue from the wireless/cellular industry. Just the recognition of its changing direction sent MWAV running a couple of months ago. Revenue is back on the rise and rising rapidly. The reports in the next few quarters will solidify that fact. I trust that WS will once again reward this stock on its new business plan.

If one day I hear that cell phone usage is on the decline, wireless is on the decline, I'll be pretty concerned about MWAV <g>.

On the other hand, if the reverse is true, wireless continues to be hot and in demand, MWAV will do very well.

Regards,

Tom