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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Raffica who wrote (3642)	8/14/1998 10:49:00 PM
From: jas singh MD	Read Replies (2) \| Respond to of 11417

Good evening Raffica, I tend to agree with your assessment. There could be a couple of reasons as to why we experienced the run-up in price and volume: 1) The recent selling pressure has subsided(margin calls/ALDNF selling some of their shares etc...) 2) New article(TWST)that may have generated more interest in our company Although the information contained in the article is probably from a month or two ago. 3) A technical bounce off the support level in face of a bearish market over the past few weeks. This may have given confidence to some investors to add to their positions at the level that appears to be our support. 4) A prelude to some sort of announcement can not be ruled out. The trading pattern on Mon and Tues. will provide us all with some clues. If we take out the previous high, then I would have to conclude that something major is heading down the Mass. turnpike. :-)) I know that a number of individuals have become ansy about the lack of announcements lately. May I remind us all that Steven has stated in a public forum that the time frame mentioned in the recent article is consistent with the plans of WAVX. Think about it.....if things were not coming to a head....why would Steven have made a comment that could come back and HAUNT him in a public forum? In regards to the TWST article, did anyone else find it interesting that of all the potential OEMs, Compaq is the only one that is mentioned by name? It would be strange to mention a company by name if they had not received more than just some positive feedback. Additionally, there was this comment: "Today, Oki semiconductor manufactures the chip for us and we're working with a couple of others who haven't been specifically announced yet." Question........ Who are these other chip manufacturers? Sincerely, Jas