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

To: Pure Folder who wrote (1981)	5/7/1998 10:05:00 AM
From: Wahoograd	Read Replies (2) \| Respond to of 11417

Pure Folder, the theory that you summarized in the last paragraph of yout post #1981 is probably near, if not right on the mark. Getting back to the March Reg D investors, Combination, Inc., if no orderly transition of their 2.8 million shares is arranged within the next several weeks then those shares will start entering the market and dampening the price. Now that Wave has run up 200% over the past week, it may be more difficult to find orderly buyers. You previously mentioned information that Combination already owned 700,000 shares and appeared to have a long term interest, however my sources have indicated that Combination is probably no different from any other disciplined Reg D lender whose objective is to make their profit (20% in this case) and get out as quickly as possible. A 20% profit to Combination translates to a Wave share price of around $1.30. I'm not saying that they will necessarily let the price run down to that level, but they could very well be satisfied to get out with the price dropping to around $2. For this reason, it may be better to wait and buy more shares later in the month if the Reg Ds start entering the market. Perhaps Wave's IR people will know if and when that takes place. Wahoograd