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

To: Lynn who wrote (2464)	12/15/1998 4:55:00 PM
From: David Harker	Read Replies (2) \| Respond to of 2843

As someone who had NEVER heard of WAVO before seeing the 'infamous' interview, I agree w/ Lynn. The company is responsible for the stock price, not reactions by the market to a TV interview. As somone who was just watching CNBC before work, I thought I'd share my reactions after learning the hubbub it created. I'll ignore any replies, I'm sure fans of the company won't like my reactions, though I have no opinion either way on the stock... I'm no Kramer fan, I've tried a free subscription to theStreet.com and chosen to NOT pay for it. However, I saw that interview and laughed out loud at how badly the WAVO ceo came across - he did a lousy job at promoting or even defending his company. His comments about "having plenty of cash" or whatever, followed by the admission that they may need to raise capital in the beginning of '99 was a hoot!! Kramer was clearly using the price action of WAVO's stock as an example of the extremes that happen to thinly traded internet stock. As a completely un-interested observer, I saw no malice at all on the part of anyone, just a CEO doing a lousy job in an interview. I saw a reference to Kramer not being allowed on CNBC because of this, and was amazed - so I found this thread. Based on the interview I saw, then the press releases from WAVO, my opinion (which you are free to ignore) is that the mgmt of WAVO are a bunch of whiners. Stock price appreciation over the long-term is the ultimate measure of the world's opinion of a company, may the best stocks win...