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


To: GerryMiles who wrote (4070)9/29/1998 12:14:00 PM
From: Kevin  Read Replies (1) | Respond to of 11417
 
Not to question your hypothesis, because it makes sense, but do you have actual proof of this?



To: GerryMiles who wrote (4070)9/29/1998 12:24:00 PM
From: Kevin  Respond to of 11417
 
From Raging Bull:

Response from David C. from WAVE public relations. Regarding the stock price drop:

1. The has been no change in the WAVE strategy nor any bad news. He also said that it takes time to negotiate the OEM deal and the stock price drop is due to the impatiance of investors.

2. They are reluctant to issue any news releases through these boards (Ranging Bull and SI). It seems that they think that it is not good for the company image to influence the stock price.

3. There might be a general news release coming about the progress in their efforts.