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Zeev Hed

02/07/04 11:04 AM

#29050 RE: TonyMcFadden #29042

Good the hear that, of course the two weeks interval between the migration and the pump two weeks later, is, to say the least, strange.... (g). By the way, one should expect another pump sometime in the next few months, probably again to $5 area, reason is about a million warrants sitting there at $2.61 which need to be brought "in the money" to force conversion and get WAVX another few months of burn rate (about $3 MM or so?). The November $7 MM injection of cash might be partially depleted by then, thus the expected "timing". By then the SEC will still be "studying" and the stockholders suits still in the "fact finding" stages, relieving some of the current pressure on the stock.