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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (1580)4/3/1998 11:49:00 AM
From: Pure Folder  Read Replies (2) | Respond to of 11417
 
DocStone: Demographics of this thread (to whom you put the GSN question) are not likely similar to the mass market WAVX hopes to appeal to. I'm not a computer-gamer, nor do I go to 85% of the movies that come out. That does not mean they do not make money in a big way.

No rush to the exits today, which is good. The dip is healthy actually--reassuring to those who hold and potentially unforgiving to those who fold. If news is imminent, wouldn't you think it's more likely to come early in the week, rather than on a Friday? This will gap up at the open on big news, and those who bail at $1.85 will learn the hard way by missing out--which is also good for the stock. Finally, those who take early profits also must recognize gains in 1998. If the appeal is in the fact this stock may go to $5.00 or so over 52 weeks, no sense in paying the taxes this year, rather than down the road.

Pure Folder