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Re: micasey123 post# 541

Monday, 04/18/2005 12:30:51 PM

Monday, April 18, 2005 12:30:51 PM

Post# of 648
from RB

Buyouts, Takeovers, Mergers in Banking sector to continue.

The WAVAP [Dividend Equalization Preferred shares, no par value] show 97 million shares issued and outstanding at March 31, 2005 [w/ 98% owned by WB].

Sould/when any WB take-over happens the WAVAP shares 'NO PAR' value will have intrinsic value based on the value of the WB common shares [currently @ $3.33-1/3 par value].

The trading speculation now is based on the 'Intrinsic factor' so the recent high volume in conjunction with the upcoming trading days is what could move WAVAP.

Based on the % movement in relation to the shares in the float WAVAP really could explode 10,000% from Friday's close.

This afternoons price range and trading action will paint a clearer picture.


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