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


To: Techplayer who wrote (6857)5/18/1999 10:03:00 PM
From: andrew peterson  Read Replies (1) | Respond to of 11417
 
Oh, I have no idea. But I suppose that just on the basis of comparing the 14 --> 8 swing we had earlier that a similar swing (based on the high of 29) would drop us down to something like 16 1/2. How's that for some sophisticated TA? Frankly, as far as I'm concerned we could hit ten and I wouldn't be too worried.

P.S. Hot damn, it's nice to hear from you Gerry.



To: Techplayer who wrote (6857)5/18/1999 10:33:00 PM
From: Wooly  Read Replies (3) | Respond to of 11417
 
briand,

I can't say that I have ever know many people who were consistently good at predicting short term stock behavior. And I think it's also unreasonable to expect BB stocks to behave anything at all like big board issues. There are so many variables at work, and there are factors and manipulations that are not quantifiable. The long term outlook for Wave Systems, however, as many on this thread agree, is highly promising. The scope and breadth of the knowledge, research, DD, and perspicacity of many contributors on this thread, is just extraordinary. But then again, scope is very good for breadth anyway. (Sorry! <G>)

Correct me if I'm wrong, but the only really smart play at this stage, may be to just simply accumulate WAVX, without fretting too much over trying to anticipate "the bounce."

Cheers, (and hot diggity dam)

Wooly