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Burpzilla

02/07/04 10:03 AM

#29020 RE: Doma #29019

Double-Edged Sword.

It's a bit of a double-edged sword to claim that since Dow Jones and Reuters had to issue corrections in their articles, it means Wave is not at all culpable in the eyes of the SEC or in the class-action lawsuits.

A counter-argument can be made that if both of those respected, objective news organizations were fooled by the press releases, then yes, indeed, there may have been a problem with the content of the original press releases as issued by Wave.

IMO

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Zeev Hed

02/07/04 10:55 AM

#29041 RE: Doma #29019

No, my "appearance" was not when the stock was going down, but when it was being pumped up (8/2 #msg-1279665, I did not come to your thread until jparis (#msg-1279797 and my response #msg-1280210 on 8/3 when the stock (next monday could be had between $3.7 and $5) came to our thread suggesting we are missing a great opportunity buying WAVX at $5 (maybe he wanted to sell his shares to 1400 or so readers of our thread?). The discourse continued very civilly with a suggestion by Vacationhouse (#msg-1281014) that this year WAVX will be worth $20/share on a conservative PE of 20. Then in an exchange already on WAVX thread, Doma informed us that by the 4th quarter WAVX should get $30/seat and shipment on INTC boards should also be in progress.

By the way, if I was such a "basher" what was the nefarious purpose of this post: #msg-1307525, yet from time to time, I still sounded the clarion of rationality like in #msg-1308091.

On 8/6 I questioned the real commercial importance of the trio announcements (NSM, INTC and IBM) in #msg-1290732 (probably the last time in that time period that getting out of WAVX was still "fruitful), and when alohamart tried to add his input (#msg-1291040), snackman responded not with discussion of the facts or any coherent nor cogent elaboration of WAVX merits, but simply "if you are so smart why don't you short it" (which I think Alohamart, probably pushed by that incentive, did and laughed all the way to the bank)

Mind you, another strange coincidence, the WAVX thread comes to life with massive migration from RB on 7/18 about two weeks before the string of news release brought about the price explosion, just as if someone knew something is about to happen and better control of the exchange of "information" was "desired". While not provable (and "pleeeze", if you are not "English Challenged", don't ask, like snackman, that I prove this), the coincidence of the timing might be pointed out to as a coordinated campaign between the leader of this thread and the apparent P&D occurring during the single week of 7/31 and 8/6.