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

To: Cosmo Daisey who wrote (6887)	5/20/1999 8:13:00 AM
From: Tony McFadden	Read Replies (1) \| Respond to of 11417

CosmoD. PLEASE do some dd. Or are you jokin' with us? Naz application was in January. All criteria are met, and during E3 Steven [or was it Peter] mentioned that they were at the tail end of it. I, personally, expect Naz listing before the Haup cards are available. Actually, truth be told, I think the HAUP cards won't be available until Naz listing. Tony members.theglobe.com

To: Cosmo Daisey who wrote (6887)	5/20/1999 8:15:00 AM
From: ecommerceman	Respond to of 11417

Cosmo--yes, Wave applied for listing months (seemingly years) ago... The folks who attended E-3 came back saying that they thought that the application was in the final stages, probably should be decided in the next 2-3 weeks. There are some, though, who don't believe that the re-listing will add appreciably to the price, as once we're relisted we can also be shorted--which, the theory goes, will offset the renewed interest we'll get from institutions (who can't invest in BB stocks) and from cautious investors (who are afraid of BB stocks). I, myself, believe that we'll likely see a pretty nice pop, though, depending on the stock price at the time of relisting--if we're at $15 or lower, I think you'd be crazy to short the stock, and I believe we'll see a good surge. If we somehow are at $30 (which doesn't look likely right now), then a better argument could be made that the price will stay steady (depending on intervening news, of course). In the end, though, while Nasdaq relisting is important for traders, the bottom line for investors is deployment and how consumers will react to it once it happens (and it will happen). Those of us who are "married" to the stock believe that consumers will react very positively to what it will allow them to do, and if that's in fact the case, then we will see appreciation in the stock that will make the run from $4 to the high $20s look like it was standing still. The bottom line for me is this: if there's a stock with a better risk/reward ratio than WAVX, I have yet to see it. It's a screaming buy at these prices--if I had any cash left, I'd be loading up the truck.