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


To: Tony McFadden who wrote (5005)1/19/1999 9:22:00 PM
From: ecommerceman  Read Replies (2) | Respond to of 11417
 
Tony, I certainly agree with your statement: "I think we all are looking far too close at the company, akin to using a microscope to look at a beluga. The smallest things then get magnified far out of proportion." At least that would be true to a great deal on the RB board, in my view (I haven't been here long enough to have formed an opinion). Folks over there seem to torture "meaning" out of the smallest particle of information, and while that can be sort of fun if you're into it, it can be a little boring if you're not.

Two observations from today: 1) I will admit to being somewhat surprised that the stock didn't take a hit today after the Intel announcement yesterday, and in fact we were up about 7%. Maybe I was worried about nothing yesterday...

2) I was pleased by the announcement by CDNow and N2K (Music Boulevard) that their sales were up so dramatically--(NTKI said it recorded sales of $17 million in the fourth quarter, a 325-percent gain from the previous year. The company also said its Music Boulevard added 275,000 new customers during the period, a 60-percent gain) I'm a shareholder of N2K, so I was pleased for that reason, but there are great implications for WAVX in general, also, and that is e-commerce is continuing to kick butt at accelerating levels. If we can just get our Wavemeters into computer boxes, we're going to be siphoning off an incredible revenue stream.

And Marty, here's hoping you're right!