WTT-Wireless Telecom. Message Board

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Technology Stocks : WTT-Wireless Telecom.

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To: Richard Estes who wrote (2106)	6/4/1998 10:37:00 PM
From: John Chaffin	Read Replies (1) of 2426

Fundamentals have everything to do with the price of the stock. I'm a firm believer in T/A, but you can never, ever discount fundamentals. Past fundamentals (ie news of any kind, to include earnings and contracts plus management problems/assets) plus expectation of future earnings/news is what drives the price. T/A will only drive the price if everyone is on the same page and create buying and selling based on their analysis. Right now WTT is way oversold and would normally indicate a big potential move upward, but we all know the fundamentals of the company are not good right now. Sure they have no debt and cash on hand, but they lack focus and vision, for now. That said, I believe the company will turn around and I'm keeping my money in WTT, and not just because I don't want the tax write off :-) Roy

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