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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?

To: Michael Young who wrote (1953)	11/29/1998 11:31:00 AM
From: drakes353	Read Replies (1) \| Respond to of 2843

Michael: Tax loss selling comes in two waves. The first is driven by the mutual funds (ending in October) and the second is driven by individual investors (ending in late December). Stocks with minimal institutional ownership (like WAVO) tend to get pressured going into year end as individual investors take their losses. What I'm wondering is if anyone can name another company operating in the Internet space that had a 28% sequential drop in sales in its most recent quarter. If you know of any I'd love to hear about them. drakes353