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Technology Stocks : WTT-Wireless Telecom.
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To: patim who wrote (2365)11/26/1999 4:18:00 PM
From: Richard Estes  Read Replies (2) of 2426
 
I follow WTT for old times sake. The rubber band of the long range had been streched to the point that it had to breakout. The 1/2 day markets are always wild ones where traders play. Look at ASDP, SFTW, ELCO, ADSX, APLX, USWC, more in a 1/2 day than 90% make in a year.

My guess, no news, just time to play it. Was there anyone who couldn't see a buy at 2 1/16 was a no brainer? You don't have to have a reason why. Will it go higher? might. Could you see a big dropoff of 50 to 60% of today's move? A good possibility.
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