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Technology Stocks : Tseng shootup in the near future?

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To: Activatecard who wrote (40)6/26/1996 2:47:00 PM
From: Michael Morey   of 54
 
Is Weitek (WWTK) ready to move upwards?
Sorry I didn't respond sooner. I sold Tseng just a few days after I bought it. The price spike was just an anomaly I guess. Lately I have been interested in Weitek (WWTK). It is selling for less than a dollar a share now. I know it has been losing money however, it seems to be at the bottom. The company has new management and has sold some assets to cover its debt. I bought 700 shares just in case. It seems the only way for it to move now is up. (I hope)

Mike
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