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


To: Jesse Livermore who wrote (7001)5/23/1999 9:17:00 PM
From: SlateColt  Read Replies (2) | Respond to of 11417
 
Great dialogue going on here guys!

I, for one, think our newest friend Oliver is one of those wet-behind-the-ears analysts for a major brokerage house. Does anyone else get that impression? By stirring up the bee's nest, he gets 3 years of DD thrown at him in a few short days. Good for you Oliver, at least you're resourceful.

True valuations are certainly a bit premature at this point. The first step is to determine what type of valuation we'll be based on.

Check out an old post of mine:
Message 8138704

Nothing in my mind has changed since that except that Hauppage is now *close* to deployment. I still believe that a good way to value Wave will be on a revenue per sub basis.

I am reminded of a favorite quote of mine from Steve Harmon regarding traditional analysts:

"Old-line thinking prevents value from being identified, evaluated and realized or perceived.

Why? The world is looking at Internet companies and using old ways of thinking, drubbing up modern-day equivalents of "horse power" to try and label the shift. Or observers who haven't spent any time really analyzing the Internet call the sector "hype" or "bubble."

So, Oliver, I'd like to ask you. Are you an old-line thinker? Are you invested in any other Internut stocks? If so, please do share.

Respectfully,

---Slate