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Re: mammon post# 79621

Tuesday, 05/03/2005 10:43:26 AM

Tuesday, May 03, 2005 10:43:26 AM

Post# of 249246
Mammon
This stock has always been "gambly" Whether it is more gambly at this point in time is subject to debate. Have they made progress? Yes? Do they have a product that is generating revenues? Yes? Is the runway long enough? Who knows? How much of the market will WAVX capture? Who knows. Will the stock make us rich beyond our wildest dreams? I think many have reduced expections.. some have not. So many unknowns and so it is a gamble.

My son works for a large hedge fund and he helps the company increase their earnings by making the computers smarter and thus able to do a better job of buying and selling stocks strictly based on technicals. (I was surprised to learn that 30% of their trades are computer generated.) He doesn't invest in the market because he thinks it is too much of a gamble. He thinks a monkey throwing a dart could do as well at picking winning stocks as most investors.

Re purchase of additional WAVX stock.. I bought more because hope springs eternal in the heart of this ole lady.

LadyX


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