WTT-Wireless Telecom. Message Board

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Technology Stocks : WTT-Wireless Telecom.

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To: Norseman who wrote (2295)	1/8/1999 7:51:00 PM
From: Edward Boghosian	Read Replies (2) of 2426

To my fellow masochists. If one looks at a 1 day chart of Wireless, it shows the price rising up till 11-12 noon and then maxing at about 12. The price remains slightly lower then the max throughout the day and then there was a big buy at end of day when it closed at 2 9/16. It seems the stock reacted positively to the news. If the sale would have a negative affect, I would expect the stock to go down. One thing I'm not sure. Has the company kept the noise generating part of the business but sold the test equipment part? I thought WTT's whole business was test equipment to monitor noise? If all the executives will leave, WTT would have to do a lot of quick interviewing. Who's in charge?

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