Wave Systems Corp. (fka WAVXQ)

[SPIN]

lugan it's true.

Ibrahim (aka "Tony") Elgindy & his infamous horde at Anthony@Pacific were apparently clued in to wavx by a trader who bounced around here for many years.

it also seems that "Tony" was privy to an early release of a very negative piece on Wave in Barrons. Tom Claugus is a hedge fund shortseller who proclaimed in Barrons that essentially wavx was the junkiest of all dot.bomb junk stocks & these A@P minions seemed to know about a few days ahead of publication.

long story short: wavx tanked hard on their short attack.

"Tony" was recently arrested boarding an airplane w/a false ID & a bunch of cash. he was out on bail during prosecution for a variety of other alleged securites-related offenses. his bail was revoked & he is being held awaiting trial last i read.

SO, in some ways wavx is sorta like the Zelig of stocks!

ever hear the one about when Huey Lewis was once a wavoid?

maybe some other time.

ciao!