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

To: herman15 who wrote (6882)	5/19/1999 11:02:00 PM
From: Harold Lehman	Respond to of 11417

I think a big contributor to Wave's decline lately has been margin offered and then rescinded for Wave, sometimes within a week, by several firms. It's obvious from posts, esp. on Raging Bull, that some people sunk plenty of their money into it and then had to sell. By itself this could have created a snowball effect. In fact one person, Amarusa on RB, posted that he/she had to sell today because of this. It will be interesting to see if the end of forced margin selling will coincide with the end of this decline. Maybe I'm totally wrong about this, but only time will tell. Regards, Harold