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


To: Paul Schmidt who wrote (2546)6/3/1998 12:19:00 PM
From: M. Frank Greiffenstein  Respond to of 11417
 
Secondary on the way!

WAVX just filed an S1-A with SEC. For those of you how don't know, an SEC S1 is a registration tell sell shares, either as an IPO or a seocndary offerring. 8.5 million shares are being offerred.

Check it out:

freeedgar.com

How will this effect stock price? Could go either way. I have seen companies jump big time on the news, because the secondary adds longevity to the company (like with biotechs running out of cash). And I have seen companies get bombed (ask Wildman about THQI <g>).

In any event, it will be interesting!
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