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Re: The Horseman post# 18129

Thursday, 11/13/2003 6:17:43 PM

Thursday, November 13, 2003 6:17:43 PM

Post# of 249485
Horseman, one must, of course, discount pronouncements from Lee, but with WAVX inside Intel, one does have reason to be cautiously optimistic.

Undoubtedly, WAVX will raise cash and get a better deal with investors, rather than sharks this time. There will be dilution because that is the nature of the beast. However, there will be less dilution than what we took last time and I would expect the value of all the outstanding shares after the financing to exceed the value of the shares at the post cc low within two weeks of the financing.

We may get bumped at the start but this grey horse is a closer bred to go the distance...a classic breeding pattern.

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