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


To: Roger Bodine who wrote (4703)12/1/1998 4:51:00 PM
From: Kevin  Respond to of 11417
 
Great find regarding WAVO/WAVX, from CNET!

Separately, the company (WAVO) announced an agreement with Wave Systems to utilize Wave Systems' Embassy E-Commerce content metering and payment system. The company said this agreement will enable the broadcast of pay-per-view, subscription and rental content such as games, information services and video services to WaveTop subscribers.



To: Roger Bodine who wrote (4703)12/1/1998 5:07:00 PM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 11417
 
WAVO downgraded by their investment banker...

cbs.marketwatch.com

Downgrade seems to be based on valuation levels rather than any change in the "story". The story looks quite good.

I expect some fallout from this downgrade tomorrow. Got to admit, today's developments were enough to push me to buy WAVX again.

Thanks for the heads up, Sparkle!

DocStone