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24601

01/20/04 4:52 PM

#26710 RE: SPIN #26709

SPIN: Read more; write less:

The additional shares included for registration relate to the warrants, which themselves portend additional, future proceeds to Wave at their separate, higher exercise price.



zen 88

01/20/04 5:04 PM

#26711 RE: SPIN #26709

Spin, you're just, plain, WRONG.

There will NOT be almost five million coming to market. Over a million relate to warrants, and I know for a fact that some of the PP participants have NO INTENTION of selling any time soon. Please, refer to your list of Wave negatives, and you won't have to think up new ones.