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Technology Stocks : Warp 10 Tech. (WARP) -- Ignore unavailable to you. Want to Upgrade?


To: Grant MacMillan who wrote (1048)7/19/1998 2:33:00 AM
From: Happyviking  Respond to of 1164
 
I'm a big fan of caveat emptor. I think NASDAQ and TSE do a pretty fair job of policing companies. We as shareholders also need to share some responsibility here. WARP was IPO'ed at 10. In hindsight, I don't think it was ever worth that. There was a lot of hype dealing with speeding up the transmission of "digital assets" as they say. There was not a lot of "beef" to back it up at that time. I too bought in first at about 10 and kept doubling as the stock drifted and crashed lower and lower. I wound up buying several thousand shares under a buck to get my costs averaged down to about 1 1/4. From what I've read on this thread, I'm not the only one. It "appears" that Warp 10 finally has a product that is platform independent, a strong partner in HP, and another good sales agent in GE. These were never present before and I think bode well for the product, the stock price, and for us the shareholders. I was tempted to sell out completely just to get my money back plus some extra cash last week, but I'm actually beginning to believe that the product is feasible, the partners viable, and the customers exist this time. Time will tell, but rather than sell out, I'm going to hold out for what I think will be better times.