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Re: waverider post# 134880

Wednesday, 12/20/2006 11:57:13 PM

Wednesday, December 20, 2006 11:57:13 PM

Post# of 250075
Noto Bene:

A close reading of the class action papers (page 5) says that:
"For shares of common stock (WAVX) purchased or acquired between July 31, 2003 and December 18, 2003, inclusive, and retained at the end of trading on December 18, 2003, the Recognized Loss shall be the LESSER of:
(1) $.31; or
(2) the difference between the purchase or acquisition price per share and $1.67."

For shares purchased and sold during this period the recognized loss is only $.03 or 10% of the diference between the purchase and sale price is the difference is a positive number.
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