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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (30848)1/31/2001 11:01:41 AM
From: Bryan  Respond to of 49816
 
MWAV Update-

Sold the last of my trading shares of MWAV at $9.00
Just holding the core position now :-)

MWAV reports on *FEB 6 (after close)
*The previously announced date is wrong.

They have already pre-announced and the outlook is very good for MWAV as indicated in the PR:
biz.yahoo.com

Speculation that MWAV will see an increase in business due to the announced LU outsourcing seems to be the catalyst for this latest move.

"The company said it intends to significantly expand its previously announced plans to use contract manufacturers, which will result in about 6,000 fewer positions by the end of the fiscal year. It will work with the contract manufacturers to provide continued employment for as many of the affected workers as possible. This action will result in savings and working capital improvements into 2002.
biz.yahoo.com

MWAV IS EXTREMELY ILLIQUID; BE CAREFUL

Do your own DD.

Best,
-B