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


To: david thor who wrote (2279)12/4/1998 5:48:00 PM
From: Kevin  Respond to of 2843
 
A corporate attorney friend, familiar with situations such as WAVOs, has told me that a lible suit again CNBC/Cramer would not be of success unless Cramer attempted to manipulate (personally, I don't feel comfortable saying he did, so I won't state my opinion on the matter, knowing the severity of mainpulation) the stock price. Being that he has stated that he is not short shares, assuming its true, the NASD/SEC will probably do nothing...even considering he admitedly "attempted" to short sell the day before. He may have been unethical as sh*t, but nothing illegal was apparently done.

I also believe that he (Cramer) doesn't have the decency or cahones (sp) to admit on a public forum, such as CNBC, that he didn't understand WAVOs business and may have jumped to a conclsuion regarding its product to quickly; even if he were to hold true to his original position that the stock was overvalued at $16.00.



To: david thor who wrote (2279)12/4/1998 6:37:00 PM
From: RocketMan  Read Replies (1) | Respond to of 2843
 
Not being a daytrader, I don't like to see stocks go manic like Wavephore's did

I was in WAVO earlier this year, and saw the wild ride a few days ago. Waited until that died down, and am back in now that it has subsided. I like Wavefore's technology, but would be nervous if this was my only holding. There are several competing technologies out there, and the jury is still out as to which will survive. I do believe that Wavephore has an excellent foothold, though.

Oh, I also saw Cramer's shameless mugging on CNBC. It's a shame that Wavephore happened to be the company in the spotlight when Cramer decided to behave like a bull in a chinashop. Of all the "internuts", Wavephore was at best an innocent bystander. Where was Cramer when BAMM and MALL were running?