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

To: Marty Lee who wrote (4490)	11/4/1998 8:10:00 AM
From: SDR-SI	Read Replies (2) \| Respond to of 11417

Marty, Marty, Marty: I think that my inability to properly express my thoughts has resulted in your misinterpretation of my comments regarding the MIT Media Lab and to infer therefrom my outlook on academia and academicians. My intent was CERTAINLY NOT to valorize, elevate, lionize, pedestalize, etc., etc academia. Quite frankly, my own personal feelings about some of that ilk (including some at that very institution, and many at its brick-constructed neighbor in down the street from it in Cambridge) are so much more negative than those you expressed that they are entirely unprintable in civilized conversation. My point was really more aimed at considering whether or not the world's reception thus far to WAVX's and HP's announcement was something about which we should be worried or whether we should just assume that, at this point, expecting an immediate reaction (stock price, etc.) is premature. Specifically, my point should have been that if those who consider themselves "on top of things" in the IT world have not heard about it, why should we expect others to have heard and reacted to it. My choice of words, as I now see from both your comments and Marc's, made it look like the above observation was a knock on the company, the concept or the stock. My intent was exactly the opposite. I intended to say: If these guys whose job it is to know what's going on don't know about it, then we shouldn't get worried and should just be patient. However, if there had been a lot of talk about it at such places as the Media Lab and everyone was saying "It's a crock", it might be time for us non-academic realists to just review everything and make sure we still don't think it's a crock, even though some academics might think it is. In your response you stated: >>"If you must rely on something, rely on your own brain power."<< I am totally in agreement with that statement. The gathering of intelligence and information and opinion and rumor, then applying ones own brainpower and standards to its evaluation, to me, is the key for successful investing (and the key to success in a lot of other things too). I am sorry that in the rush of other things of much higher priority, my quick and poorly expressed post to Marc, in an attempt to develop another piece of intelligence about the WAVX situation, made you think that I am among those who put academicians on any type of a pedestal. Those who know me would laugh at the thought. I have now learned that quick responses while other things are going on makes one type things that may not be what is actually intended. Sorry. Steve P.S. There are those at the MIT Media Lab who have gone to great lengths to try to make it clear to the world that they were not just academics, but were more in the "real world" than the rest of their mother institution and the rest of academia. Some are, some aren't.