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


To: SDR-SI who wrote (7300)6/4/1999 1:33:00 PM
From: Kevin  Respond to of 11417
 
Has anyone else noticed that WAVX has recently tended to follow the advancement and consolidation patterns of NYSE much more than NASDAQ?



To: SDR-SI who wrote (7300)6/4/1999 1:46:00 PM
From: Kevin  Respond to of 11417
 
Markets starting to turn. Apparently, Yellen (from the White House ecomonic Advisors committee) said today's unemployment numbers indicate a steady, but non-inflatioanry, economy.

Should stimulate the markets, and thus WAVX! This is obviosuly positive because IMHO the shorters of WAVX owe the recent success to concerns about inflation that are affecting the market...not that WAVX is worthless as they preech.

As some have said, most true longs are not selling. Now, we may be facing a true buying opportunity...but things may remain volitile until CPI numbers are released later this month.



To: SDR-SI who wrote (7300)6/4/1999 2:11:00 PM
From: Kevin  Read Replies (3) | Respond to of 11417
 
I have also noticed that the call volume is much higher than he put volume today, the first day of options trading on WAVX. In fact, I couldn't find any put volume.

As far as I know Call Volume > Put Volume is bullish.

Comments?



To: SDR-SI who wrote (7300)6/4/1999 6:00:00 PM
From: Sophie Janne  Read Replies (1) | Respond to of 11417
 
Thanks all for your kind comments. If he responds I'll post it. eom



To: SDR-SI who wrote (7300)6/4/1999 7:07:00 PM
From: art slott  Respond to of 11417
 
SoundView says buy before the Cable Show on 6/16.
www2.nordby.com

Steve, I told those Harken boys to buy it under 3 last year.