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

To: waverider1 who wrote (1959)5/6/1998 11:27:00 AM
From: Agenda  Respond to of 11417
 
Could be. Check run up in GLCP. Maybe similar situation.



To: waverider1 who wrote (1959)5/6/1998 11:34:00 AM
From: Agenda  Read Replies (2) | Respond to of 11417
 
ooorrrr.... maybe profit taking like last drop to 1 3/4 from 1.9. gotta love it!!!!



To: waverider1 who wrote (1959)5/6/1998 1:38:00 PM
From: Pure Folder  Read Replies (1) | Respond to of 11417
 
Unlikely it's the "S-1" shares. SEC usually takes 30 days to approve S-1, which means these shares won't be registered prior to May 15. Wahoograd has also heard these shares will likely be sold in blocks off the exchange. Finally, some of these shareholders may have Rule 16b problems in selling too quickly to reap short-swing profits. This is normal profit-taking and I'm impressed with the support levels being formed for this stock.

Pure Folder


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