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

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To: counsel777 who wrote (458)11/24/1996 8:56:00 PM
From: Rosemary   of 5812
 
Alot of shares sold on the day the CEO was on CNBC Squawk Box. The price went sky high. They must have a tape of that show, I watched it and bought that day. The CEO sure gave me a feeling that we would all have these little boxes in our windows by the 1st quarter of next year.

He did paint a very rosy picture for the company and we believed him and the volume skyrocketed. The next I read, they are laying off employees with some excuse, etc. Saying one thing, and doing another.

All I know is, they took our money to the bank. I wonder if the old maxim applies here: Buy on bad news, sell on good? I hope someone is willing to buy tomorrow. We'll see.
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