SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: majikfrog who wrote (3589)8/10/1998 7:20:00 AM
From: waverider1  Respond to of 11417
 
Frog man,

If the question was asked of anyone involved with any stock, "sould I mortgage the farm and put all of my money into xyz stock?" The prudent response would have to be similar to the one that was given by "Peter" (?). Otherwise, that person or company opens themselves up for a law suit. Secondly, they couldn't come out and say, yeh, bet the farm we've just signed up so and so and are signing up these guys in the next 9 to 39 days. That would be letting out insider information and the SEC has a thing about that, pain in the butts as they are. So, with regards as to how the question was asked, the response is the right thing to do. I still believe that Wave is the chip mentioned in the CRN article and will be hearing it for certian very soon. Good luck and GO WAVE.

bob



To: majikfrog who wrote (3589)8/10/1998 7:21:00 AM
From: 24601  Read Replies (1) | Respond to of 11417
 
Dear Majikfrog:

Let's assume for a moment that the quoted e.mail is authentic. The only thing that surprises me is that Mr. Sprague took the risk of responding. Once he chose to do so, his further choice to be very conservative was only prudent. Apparently, someone with $1000 and a dream of pulling a quick flip on WAVX was asking about calls and ruminating about mortgaging his worldly possessions in pursuit of leverage. Being a good guy, Mr. Sprague told him not to be rash. Other than not responding, what else should he have done?

Assuming that the quoted e.mail is authentic, that is.

Best wishes.