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Re: Wildman262 post# 17841

Wednesday, 11/12/2003 5:49:20 PM

Wednesday, November 12, 2003 5:49:20 PM

Post# of 249211
Wildman and Lucky

SKS said something like "we could look to what ESPN is doing to gain a hint at one of the directions WaveXpress was heading.

If you read the press release - to me at least- its offering
much of what we had hoped for from W Xpress since '99.

I know we are almost at that three weeks Peter was talking about for big news out of W"Express. ",

PS History lesson...24 months or so ago Wave was hanging for dear life at $3.40 ish after a sustained fall and tons of shares were hitting the ask. It became clear to most of us later that SSP picked (desperate IM sure) a very rough time to dump shares of its "partner" and sure enough we soon went sub 3
and down down down over the next 18 months. I heard rumours Wave was furiious at their untimely dumping?

So, I guess we find out tomorrow but last year Wave was getting shares of SSP in liue of what was owed? and so Wave should own alot of SSP. Unless, great new money has come in recently or once again we must questions Wave's skill at acquiring money and certainly why Feeney makes tons and receives tons of options. IMHO, WAVE should have easily added 5 mil (a qtr's needs" from this great bit of luck that the lifeless SSP doubled. If we find out tomorrow that SKS stuck his toe in instead of grabbing a bucket I will add it the financially disastrous acumen exhibited this spring when we gave away 20% of the comp for what 1/2 of our SSP holding would have just obtained??


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