Tom - Sorry for the late response - spent most of last night trying to hook up my ADSL with what turned out to be a faulty NIC.
I think a lot of this is "buy on the rumor" - though this time, I expect to the news, which should all be out by Xmas, will establish IW for a strong run in the spring.
Canaccord and Yorkton are doing what they always do - they will sell into the rises: they make their money on short-horizon trades.
However, regardless of their activities, IW, just on projections based on existing news, is at least a $20 stock for the end of f2000 (and I don't believe for a minute in that low, safe estimate). My own guesstimate is $50, and given certain events happening, it could exceed that.
Remember, that Seybold had predicted that IW might be taken over before they ever reached NASDAQ. Remember the analysis in the Gartner Group report.
The wisdom of IW's approach, and the efficacy of their wireless implementation, will continue to bear fruit. This is gonna be fun!
Best regards, Jim |
