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

To: andrew peterson who wrote (4343)	10/27/1998 5:17:00 PM
From: GerryMiles	Read Replies (2) \| Respond to of 11417

I believe the next funding will come from IBM.I firmly believe there will be no further dilution of stock.The stock itself was shorted heavily at the open to compensate for the opening rush to buy.Look for escalating share price with new blood surfacing once the word and DD are done by bigger players.Remember we sit on the OTC,highly manipulated almost criminal.The next step for Wave Systems is to relist with Nasdaq.Look for good news coming back to back soon at a theatre near you.U-N-I-V-E-R-S-A-L.

To: andrew peterson who wrote (4343)	10/27/1998 6:03:00 PM
From: SDR-SI	Read Replies (1) \| Respond to of 11417

Andrew and all: Before we get concerned about today's stock price action, the following should be considered: 1. The market was down significantly and WAVX was at least up a little. 2. Before the price can really make a sustained move, some significant institutional interest must start coming in. But as a bulletin board stock and with just 3 days to go until the end of a lot of institutions' reporting period, it is unlikely that even an institution with a lot of interest in WAVX would put it onto its balance sheet for a quarter ending position. This will all change with relisting. 3. In illustration of the above, by doing a quick manual count of the individual trades today, and allowing for a little counting error through trying to get it done quickly, the following was noted: There were about 1083 individual trades for the day, amounting to a total volume of 1,685,900 shares. Thus, the average trade was only about 1500 shares per trade. Further, of the 1083 trades, there were only 14 (yes 14!) that were over 5000 shares: 13 Trades 5001-9999 shares 9 Trades 10,000 shares 1 Trade 20,000 shares 1 Trade 25,000 shares The earlier reported 250,000 share trade was an apparent error and the trade print shows as "cancelled." Clearly, the actual trade history of the day demonstrates that institutional buying has certainly not come in. 4. It will probably take a few days before the analysts and technical consultants for the institutions and stock houses fully appreciate the nature of the wide application of today's announcements. Although the centerpiece of the announcements was WAVE, much of the coverage was aimed at reporting HP's and the other big boys' releases. Some news services that published the HP release did not separately publish or index the WAVX release. Because HP and the other big companies make many releases each week, any single release from one of them may not fully get the attention one would want. 5. Further to this point, the Conference Call, while well handled by Steve Sprague and very effective at putting forth the story in a pretty well organized manner to those who were listening, did not seem to have been participated in by many "Name" institutions - at least as far as one could tell from the questioners' identities and the number of questions. 6. There will be some other very good opportunities to get the story across to the right audience in the next two weeks - Comdex, Annual Meeting, etc. The word is out. We are starting to get people's attention. But there is a long way to go. IMHO that today is a very, very significant milestone for WAVX - HP and others have now said that the system is an essential part of the future of e-commerce. There will be more developments and announcements as things get going. Shipping PC's with the chip inside will be a major accomplishment. We must be patient with the stock price - it will eventually follw as the company continues to gain momentum and to prove its claims through re$ult$. Just my opinion. Steve