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

To: Kevin who wrote (5797)	3/3/1999 10:27:00 AM
From: Sophie Janne	Respond to of 11417

Hello. Quote from HP about "renting," a natural Embassy business model "'Hewlett-Packard will begin to offer customers storage and computing capacity on a rental basis, act as a secure backbone for electronic commerce transactions, and unveil other 'e-services' in the near future as part of an effort to drive more revenue from the Internet,' CEO Lew Platt said today." news.com Regards, Sophie

To: Kevin who wrote (5797)	3/3/1999 11:06:00 AM
From: Howard N. Egan	Respond to of 11417

Hmm, 2-4 million out of 30ish million, that's not much dilution considering the amount of capital it could raise. I have to admit I don't recall exactly how many shares there are, but I don't think I would be too far off to say there were in the vicinity of 35 million (The numbers I'm recalling are somewhere between 30 an 40 million). Ok so percentage wise lets pick the worst case 30 million from my feeble memory and snackman's pick of a 4 million share secondary offering at 20/share. So that's about a 13.3% dilution in order to acheive, what was that number, oh yeah 80 million in cash with no strings. So lets say we were at 24 and this all transpired, the stock price could drop to 20 (13% dilution) or it could just skyrocket because now Wave has 80mil in cash and is beholden to nobody. Besides to most of us long-time holders the difference between 20 and 24 is minimal considering the low entry price and considering that the real potential is in triple digits. Remember debt is bad if there is some other way out. howa.