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SPIN

11/04/03 5:50 PM

#16566 RE: zen 88 #16564

Zen - you sure about that?!?

go back & look @ where i re-entered wavx @ $0.92.

the tape *was* talking...

rather loudly in fact.

TraderJoe812

11/04/03 6:00 PM

#16571 RE: zen 88 #16564

Take this for what's it's worth... from someone who is watching this security and knows the Street.

"The current volume is nothing more than daytraders selling-off. There will not be any institutional buy interest until Wave reveals some numbers. You guys keep saying that we should buy this thing because we are supposed to assume that 6 months out they will have revenues... we have no proof of this and we will not buy until we see some decent sales of their products; therefore, no P/E for them now based on excepted future earnings. My boss would kill me if I put down money on a hunch... the press releases are nice, but they don't speak anything about market acceptance of the technology."

Lucky

Bluefang

11/04/03 11:29 PM

#16643 RE: zen 88 #16564

Zen: It was not a concern--it was an observation--and at the time, it was based on a mistaken premise (that Wave had shipped weeks earlier).

You are mixing up two different kinds of events--the release of news (Intel/IBM) and the actual shipping of the product. You are exactly right that there was almost no pre-Intel activity to indicate insiders were loading up.

But news of a product and the arrival of an actual product, are night and day. If the product works, and works well, one might suppose those satisfied users might be interested in investing in such a bargain stock.

Some people are suggesting we wait a year or so to see any effect of the product in the marketplace on share price--I'm not going to wait that long.

I believe if this thing works the way we all think it should, and if it does in fact, address the security concerns we all share, IMO, the price and the volume ought to soon start to reflect that. I'm not talking about a huge surge, but rather some gentle, steady moves to the upside. Certainly not the steady slide on low volume we've seen of late.

What we are talking about is a product that has the potential to cure a lot of what is wrong with the Internet for businesses, as well as individuals. If such a product does not cause some excitement in either world, I'd want to have a really good explanation in my trigger hand.

But the plain fact is we do have to wait. We can not release this thing on Friday and expect to see results on Monday. Snackman and the rest of you are correct when you say it's too early to tell. Where I differ, is when it gets into infinite patience. After seven years, I'm ready for success, not for more waiting.

Best--Bluefang