WorldGate Communications, Inc. (WGAT) Message Board

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Technology Stocks : WorldGate Communications, Inc. (WGAT)

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To: Skywatcher who wrote (349)	10/5/1999 1:54:00 PM
From: David Kaufman	Read Replies (1) of 589

From a good source... WorldGate had 2 pieces of good news today this was one of them. Mainly it says that insiders are limiting their sales of stock compared to what had been anticipated. That means fewer shares in the open market which would dilute value (i.e., lower price, which had already happened in anticipation of the sale). It also means insiders are expressing confidence in the future of the company and the stock price. I currently don't plan to sell these (insider) shares. The second piece of good news is at: biz.yahoo.com GI is offering a new settop box which is much cheaper than ones they sell today and which integrates WorldGate access. Presumably they wouldn't offer this product unless they expect it to have substantial sales, and it is only available to cable companies that offer WorldGate service.

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