CAWS - Wireless Cable (New and Improved) Message Board

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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Jeff Clegg who wrote (16)	11/3/1996 8:23:00 PM
From: Larry Williams	of 5812

Jeff, you wrote... "To Anyone & Everyone, I have been noticing the trades on CAWS and have seen quite a few trades for 100 shares. Now, at a price of 3 1/2 that means someone is buying $350 worth of stock... Who would do this and why?" Why not? Why would anyone spend $17.50 for the stock in the first place? I still like the concept and have never owned CAWS before. While I understand that CAWS is generating huge negative income, it should not be a surprise to anyone - prior 10 Q's have discussed the expected losses. I am going to take the plunge tomorrow for a measly 100 shares. If it goes up to $17.50 again, great, it will be a fun ride. If not, $350 is not much to lose. Is the real bet whether Bell Atlantic stays in the game or not? Why shouldn't they? They treat this as R&D. They build their fiber optic networks at the same time. Why not have a strategy that keeps you in as many converging technologies as possible? I assume that Bell Atlantic can afford to do so. For $350, I can afford to be on the wrong side of the bet.. -Larry

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