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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?


To: Chip Rodgers who wrote (959)3/6/1998 4:59:00 PM
From: Paul K  Respond to of 2843
 
WAVO up 26% today, the rise held and closed above 11.
It started when someone bought 3x10k shares, there was also a 60k buy today.

May get another jump on Monday as others contemplate over the week end.

Could anyone shed some light on why this stock had 6-10 point multi-day runs in the past?



To: Chip Rodgers who wrote (959)3/6/1998 5:10:00 PM
From: Paul K  Respond to of 2843
 
NASDAQ Investor Forum Exhibitor Profile for WavePhore, Inc.
Business Wire - March 05, 1998 15:41

PHOENIX--(BUSINESS WIRE)--March 5, 1998--The following is a profile for WavePhore, Inc., who will be an exhibitor at the NASDAQ Investor Forum, March 7, 1998, at the Phoenix Civic Center Plaza.

Company Name: WavePhore, Inc.
Trading Symbol: WAVO
Presentation Date/Time: Saturday March 7, 1998, 12:30pm, Room A
Company Address: 3311 N. 44th Street
City/State/Zip: Phoenix, AZ 85018
Investor Relations: Jennifer Schreier
Investor Relations Phone: 602/952-5500
Investor Relations E-mail: jschreier@wavephore.com
Industry: data communications
Website: www.wavephore.com, www.wavo.com,
www.wavetop.net
Presentation Summary:

WavePhore Inc., (Nasdaq: WAVO), is the global leader in
connecting people with compelling information in the office and at
home. The corporation is headquartered in Phoenix, AZ , and composed
of three business units: WavePhore Networks, WavePhore Newscast and
WaveTop. WavePhore Networks, the industry leader in data broadcasting,
provides flexible, high-speed data delivery for information publishers
to more than 80,000 sites worldwide. WavePhore Newscast, is the Web's
premier business infosource for enterprise-wide use. WaveTop(TM) is
the first free advertising-supported nationwide data broadcast system
to deliver multimedia content to broadcast ready PC's in the home.
Additional information on WavePhore is available via the Internet
at wavephore.com, wavetop.net,
newscast.com
Certain of the above statements regarding WavePhore constitute forward-looking statements that may involve risks and uncertainties. Actual results could differ materially from such forward-looking statements as a result of a variety of factors, including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products and services, and risk factors listed from time to time in WavePhore's SEC filings.


CONTACT: WavePhore, Inc., Phoenix
Jennifer Schreier, 602/952-5500
jschreier@wavephore.com




To: Chip Rodgers who wrote (959)3/6/1998 6:11:00 PM
From: Philip Tung  Read Replies (1) | Respond to of 2843
 
The way I see it, Microsoft bought a small stake in WAVO and the news was picked up by Dow Jones at roughly an hour and 10 minutes before closing therefore pushing the stock up to its highs of the day. I believe many traders picked up the stock in anticipation of this news hitting other major news wires later today or Monday and also the conference this weekend. Look what happened to GMGC when it was disclosed that Microsoft had bought in. I feel the fact that Microsoft had to purchase the stock in open market is rather significant. I think this stock will gap up on Monday and challenge its 52 week high.

pt