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

To: Kevin who wrote (5412)	2/4/1999 12:47:00 PM
From: Jesse Livermore	Read Replies (3) \| Respond to of 11417

Amazing, the price goes from 3 3/4 to 14 over night and some of you uptown brothers are skittish because of a sell off? The thing is NOT who gets to market first but who becomes the standard first. The latter depends on the company you keep and the cost. Wave Systems has a business model that includes OEMs and if the partner on the other side of the bridge loan is Hewlett-Packard, that is mighty fine company. As for the cost? Only Microsoft does it cheaper.

To: Kevin who wrote (5412)	2/4/1999 12:59:00 PM
From: twoveg	Read Replies (2) \| Respond to of 11417

Off topic (ish) - Are there any other UK-based WAVE-ers around - Deano Ferrari ? Paul Schmidt ? We have a bunch of friends & colleagues here in the UK who have caught the WAVE at various points over the past year or so, and some time ago we promised ourselves a little celebration when the stock reached $10. So, below you'll find the text of an email sent by my esteemed colleague Merv (who has a particular style of humour) which gives the details of the innaugural meeting of the WILC (Wave Investors Lunch Club - UK branch), to which you are cordially invited. There are about a dozen of us signed up so far. Regards to all on the board. Twoveg ____________________________________ Gentlemen, with WAVX currently standing at $11.25, having peaked yesterday at $12, I think the time has come for the inaugural meeting of the Wave Investors Lunch Club (W.I.L.C.) Good idea? - Of course it is, but when and where. Having checked most people's availability we have two options, either Friday 19th Feb or Friday 26th Feb. The venue will be at The Canyon Restaurant & Bar in Richmond. The Canyon comes well recommended by one of our members with a known disposition for the good things in life and a track record of spending really rather large amounts of money tracking them down and indulging thereof. The principal objective of the meeting will be to spend as much money as possible on Champagne, vintage wines, Havana cigars, top notch grub etc. Another item we might well wish to add to the agenda under the heading - Totty, will be enthusiastically considered for inclusion although not generally available through our hosts for the day - the staff and management of sed Canyon. Other items of importance for the day. - Ridiculing friends, colleaugues etc who could have ridden the Wave but did'nt have the bottle. - Taking the piss out of those who did buy but sold early. - Generally talking bollocks and feeling unbelievably smug. - Deciding the criterion to trigger the next W.I.L.C. event. - AOB Please reply ASAP so the venue can be booked. Yours Smug of Smethwick.

To: Kevin who wrote (5412)	2/4/1999 3:04:00 PM
From: Klingerg	Respond to of 11417

RE:Has The Wave Crested? I posted this over on RB in response to Wahoograd's post RE:Has The Wave Crested?...For those of you who think the Wave has crested think again. Like Wahoograd stated in his post to which I am replying, this is only the beginning. Look, we all knew the day traders have found WAVX and are beginning to 'play' it. Day traders play the Message Boards and their focus has been drawn to Wave for obvious reasons, volume of messages points to a momentum opportunity. So in the last few days they 'played' WAVX hoping for a major announcement which would boost stock price. THEY HAVE NO IDEA REALLY WHAT WAVE DOES OR IS CAPABLE OF BECOMING!! To them WAVX is a message board volume driven momentum stock to be held for milliseconds, and then flipped for an eighth or a sixteenth, then in a blink of an eye they do it again! (Some of the more misfortunate ones use E-Trade so yesterday and today they probably tested their anti-perspirant to the max!) Like Wahoograd I believe Wave Systems will be a success in the future and I am hoping that this will translate into a much higher stock price. So for anyone taking the time to read this post, study the company. Go to the web site and do some research, follow this board, read what the financial technological press are writing about Wave Systems. Instead of thinking of Wave Systems as four letters (WAVX), a high message volume bulletin board and a stock to flip for a short term gain of an eighth or a sixteenth; try to understand the company, believe in its development and deployment, hang on for the future which a few of us think will be bright. Attempt to capture the preferential long term capital gains rate rather than split your sixteenth equally with Uncle Sam and 'Cousin Your State'. Remember timing this thing might prove interesting. Everyone, long term investors and day traders, are waiting for a major announcement. You might not be on your computer when it comes. Or you could be using E-Trade and not be able to access your account. Then this 'Wave' will roll off without you. Some of us 'surfing' and 'hanging ten' . You will have 'wiped out' and have to go back to finding another stock to play for an eighth or a sixteenth on a thousand shares, of course still sharing half of that with Uncle Sam and 'Cousin Your State'. In the words of a famous movie actor playing a certain character... "Do ya' feel lucky... Punk?.. Well,.. do ya'" Editors Addendum- As a RB poster mentioned there is a benefit to day traders- added liquidity needed to entice fund managers in. Perhaps so but I hope the fund managers are the buy and hold types.