Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark3000 who wrote (2700)	4/29/1999 8:23:00 PM
From: BGL	Read Replies (1) \| Respond to of 2843

The earnings conference call sounded positive. I was very happy to hear two callers who expressed their frustration with WAVOs constant underperformance. I share their frustration. However, I am cautiously optimistic. The only thing I did not like -- and I felt it bordered on unethical -- was the eps statement. -19 vs. -29. The dollar value loss was slighly more than the same quarter last year, HOWEVER, the numbers looked better due to MASSIVE share dilution. They DID NOT beat last years numbers by 10 cents!!! And any real revenue is at least a quarter away -- we won't know about it until early October when Q3 estimates come out. Because it appears as if real revenue is around the corner, I expect a short squeeze for $2 1/2 (MAX) tomorrow followed by a gradual erosion back to present levels by this time next week. My $0.02 worth... BGL.