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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?

To: serious who wrote (1689)	7/13/1998 11:56:00 PM
From: Instock	Read Replies (1) \| Respond to of 2843

WACO GAPPED up LARGE amount Friday due to Business Weeks mention Thursday night and ran higher later in the day when it was announced that Mr. Deeds would be interviewed on CNBC Monday Am. Sheep running to the slaughter house. Mr. Deeds spoke, and the stock dropped of its high and pretty much kept dropping. Short sellers have no reason to cover till the price gets down close to the Thursday close, before the Gap up Friday. At that point, it might be a short term buy. Might be there by Thursday! One other thing, people who play the BW picks, usually sell to make cash available for the next BW pick. I have learned much about this company and see some good value LONG TERM. Short term, it is over priced hyped up stock with MANY who own it wanting to lock in their profits. IMO WAVES can be very high, but all WAVES come Crashing down. The smart thing for long term investor to do was, sell at the nice run up profit. Short it as it drops. Make money both ways and have ALOT more cash to buy more shares once it levels out. IMO Everyone has their own ways of playing a stock, no right or wrong ways. Just profitable and losses. Instock