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


To: doormouse who wrote (7182)5/28/1999 9:33:00 PM
From: SDR-SI  Read Replies (3) | Respond to of 11417
 
/k1b0:

Great post.

Although options can be a very profitable and powerful investment tool, they can also be very dangerous.

Unlike buying and selling equities, if one's timing is wrong in options, the whole investment can be lost - even if your timing is only wrong by one day, if you hold toward expiration.

It's especially important to consider that even though most Wave investors who have stayed in this investment are proving to be ultimately correct in their decision, the one thing that has been unpredictable and incorrectly estimated throughout has been TIMING.

The addition of the need for correct timing to make an options play into a successful investment brings an additional dimension of risk (and hence the possibility for greater reward).

Those who have not engaged in active options trading previously should perform their own "Options DD" by both studying available information from such sources as the CBOE site:

cboe.com

and by practicing and testing their strategies by "paper trading" until they get comfortable and arrive at a reasonable skill level.

In addition, to trade options, a separate options agreement is required with one's brokerage.

Many have made a lot of money on options. Many have lost a lot of money on options. Many have done both. Some have been wiped out.

Success requires great care, preparation and concentration.

Steve



To: doormouse who wrote (7182)5/28/1999 9:49:00 PM
From: SDR-SI  Read Replies (1) | Respond to of 11417
 
TO ALL WHO PURCHASE WAVE-ENABLED HAUP BOARDS (which ARE available at most Comp-USA's this weekend, but will soon be sold out):

Copied from a Raging Bull post by Struther (one of the RB'ers whose posts should never be missed):

* * * * * * * * * *

By: struther
Reply To: None
Friday, 28 May 1999 at 8:31 PM EDT
Post # 39904of 39912

Dear WaveDirect Users:

As most of your are aware, Wave's newest product is quickly approaching store shelves for
an imminent release, and Wave would like your help... As you purchase and use this first
implementation of Wave's technology and services we would like to hear your comments.
Please e-mail all your comments to bluebird@wavesys.com or fax 413-243-0045. We want
to know what you think, what we have done well, what we could improve on and how it
worked for you.

--------------------------------

Yes, I stole this from the website, but with the recent discussion I thought it was appropriate.

* * * * * * * * *

Yes, I stole this from Struther.

Steven Sprague made the same request for our help at E3.

Your company needs your help in evaluation and feedback. You will be making a contribution to the success of your own investment if you send in your observations - positive and negative.

Steve