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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Brainard who wrote (5)	7/6/1998 3:35:00 AM
From: FIFO_kid2	Read Replies (1) \| Respond to of 170

I am now becoming very lukewarm on this issue and it is chilling quickly. We have a number of problems: One is the major dilution of the company from the overpayment for LSI and the period coming up soon when the LSI people are able to sell this very thinly traded stock. Another is demand for any hardware product will be soft because of the uncertainties in regions of the developing world and lastly, there are going to be other manufacturers of DSP chips other than TXN or ADI which will likely to cause even more competition. The future prospects for BWSI are good but not solid anymore courtesy of a weak demand. We should be going up with a major product introductions but are not. Time is becoming our main enemy as you know technology changes so quickly. It could likely become just another concept stock that will slowly flounder into oblivion.