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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?


To: daddydo who wrote (104)8/10/2000 2:28:43 PM
From: John F Beule  Read Replies (2) | Respond to of 170
 
BWSI reports 8/15. Estimates are anywhere from .06-.08.

recently reviewed their newsletter (available online at bluews.com) and for the life of me, cannot figure out the destruction of share value in this stock!

I have a buy in for $5 to lower my cost.

I owned a company very similar to BWSI...Periphonics (VoIP platforms), bought at $21, and saw it go to $4. It was a smallcap, not unlike Blue Wave. Periphonics ultimately got acquired by Nortel at $31, but I had sold before that. Bottom line is I waited 3 years and still sold too soon.

I'm holding this dog, and adding to it. I am too familiar with the companies they sell to, and are partners with, to let this one go too soon.... But I am impatient.

Hope this helps,

John