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Strategies & Market Trends : WAVO going higher to $30-40 range -- Ignore unavailable to you. Want to Upgrade?

To: John T. Hardee who wrote (6)	12/4/1998 7:34:00 AM
From: kgreen	Respond to of 8

saw the interview. i thought the thing that did the CEO was a question about cash flow. the CEO was asked if WAVO expected to go to the secondary market because it was having cash flow problems. CEO said not at this time. follow up question asked about reports that company would run out of cash in 4th quarter. CEO said that cash flow shouldn't be a problem if all things happened as expected. whoops. then he said there could be a secondary offering next spring if there were problems. I think that made the company look shaky. The CEO wasn't comfortable.. and his answers were uncomfortable. kath