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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: James Wright who wrote (6771)	7/12/1998 2:08:00 AM
From: Instock	Respond to of 29382

James: Be carefull with going LONG in WAVO right now. It was hyped by Business Week Friday and CNBC's annoucment that they will interview the CEO Monday AM. Business Week picks have a way of shooting UP, and dropping like rocks. Day traders play the picks. Might be a great BUY , AFTER, the price corrects. The fundies are not very hot. A lot of insider selling, small cash position, no earnings, etc... Big deal Microsoft has bought 3.5% of the company. Bill Gates caries that kind of cash in his wallet!! 3.5% of a $7 to $10 stock. An investment of apx. $414,000. Big deal!! Geee, wonder if they will be buying at Fridays close price, just short of $15?? Not likely! IMO If you like the company and beleive in the technology, buy in AFTER it corrects from the current run up from Business Week Hype. Thats is My NON- TA look at the stock. You wanted TA, lets see what the TA is saying about the stock!! Anyone? Instock

To: James Wright who wrote (6771)	7/12/1998 11:05:00 AM
From: Mike McFarland	Respond to of 29382

off topic WAVO, portals and networks, I'll just give you the link to my reaction and maybe some discussion will get going on this other thread--instead of me adding clutter here on the Amigos. exchange2000.com