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

To: Ken Turetzky who wrote (2410)	12/10/1998 12:14:00 AM
From: Gerald Walls	Read Replies (1) \| Respond to of 2843

Floating Conversion Price Ouch! These are truly nasty, from what I've read. These things alone are enough to lead many people to short as they are a sign of a company desperate for cash. Search "full-text" below for "floorless" to get a whole slew of posts on this subject.

To: Ken Turetzky who wrote (2410)	12/10/1998 9:42:00 AM
From: AJ Berger	Respond to of 2843

Dilution matters little when you have no P/E it's common for companies to issue more stock when they don't have the cash to get in on the open market, and they need stock to hold and attract employee talent. This news can effect the stock price either way. As for Digital TV transitions ultimately displacing VBI broadcast ability, you may want to read more about Digital and HDTV roadblocks to implimentation, which may actually extend VBI's attractiveness as a data broadcast medium as long as they can get the speed up. Right now it's only 1/8 the speed it's capable of going, and should be 1/4 speed by January, according to WAVO. techstocks.com