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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Bob who wrote (1356)9/27/2000 10:15:08 AM
From: Tom Hua  Read Replies (3) | Respond to of 19633
 
bobp, you're most welcome. Today's action pretty much supports the chance for a split announcement on Oct 24. In a private communication I had with Joe Turek this week, he reiterated the board's intention to split the stock when it trades above 20. I suggested to have the announcement at earnings time, of course he knows that.

My guess is MWAV will trade at $15 early December, after a 2-for-1 split.

Just for your information, MWAV is bringing up 2 more Asian suppliers with projects for LU under MWAV's umbrella virtual manufacturing model.

There're several other customers that will enlist MWAV's help in working with Asian suppliers which are 40% cheaper than domestic suppliers. As I understand it, these Asian suppliers deliver excellent quality products on a very fast turn around time.

Regards,

Tom