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

To: Marty Lee who wrote (4421)	10/28/1998 11:12:00 PM
From: andrew peterson	Respond to of 11417

Good evening everyone. Another NUTTY day for WAVX. Frustrating for all of us but I've still got my eye on the big picture. There is no question in my mind about how huge the Embassy announcement is. It's an announcement that the meter is going to be inside PCs very soon -- next year. So why are we languishing? I'm starting to come around to the view that others have expressed once in awhile...revenues. I think that the fact that WAVX isn't yet making any revenue worth mentioning (well at least they got 25$ from me when I registered to sell my novel on the Great Stuff Network) may well be what's holding the price down. Add to that the fact that no one really has any reasonable expectation about what kind of money the company will be bringing in and the uncertainty surrounding near term financing...and you've got a recipe for wariness. We KNOW that WAVX will make some good money once the chip is out there on PCs and other devices. But I'm worried that investors aren't going to trust the company until they start to see some revenue figures on the balance sheet. It's going to be fascinating to watch how this all plays out. I'm hoping for more announcements soon and for a BIG push at Comdex. In the mean time, shares are still cheap. Buy them now if you're going to.