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To: doormouse who wrote (379)	5/21/1999 4:04:00 PM
From: Zeev Hed	Respond to of 1149

But a value of about $20/share can be well rationalized without their having a lock on broadband commerce. The deal with WAVX is at least six months old (we talked about it few weeks back), and I think that the article today just served to bring it on the radar screen of people that did not know that company. I do expect the volume to collapse back, just to allow the poor MM's to lick their wounds, with the volume four times the total shares outstanding and 8 times the float, the MM's must have supplied some of the shares, and are going to "step" it down to recover some, IMHO. How deep? I know not, but I would guess that any of todays intradays "blocks" could become major resistance, like $24.5, $22, $19.75 and of course the retrenchment through at about $15 or so. Zeev