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Technology Stocks : NWLL
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To: Francois Goelo who wrote (90)1/4/2000 10:38:00 PM
From: xbrent  Read Replies (1) of 265
 
NWLL Summary:
1. ZD article pretty much outlines entire NWLL situation, NWLL post 89
2. 2 Million share dilution is an issue
3. World markets tanking, including Australia
4. Most likely scenario re halt is that Aussie exchange called upon NWLL to offer an explanation as to why stock is up.
5. NWLL stock traded flat to down in US market after halt announced.
6. Message 12461376
7. NWLL has huge debt
8. Nobody is sure about numbers of internet users/subscribers in China
9. According to ZD article income so far is highly questionable. IMO, NWLL has seen its day in the sun for a while, perhaps it can run again one day, when momentum stocks are back in vogue, but its way overvalued at this point. The ZD article alone will cause most people to reflect again, even in a momentum run up.
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