GWRX Leader in Smart Phone Market Message Board

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Technology Stocks : GWRX Leader in Smart Phone Market

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To: Mark L. who wrote (867)	1/21/2000 1:13:00 PM
From: Forrest Coile	of 960

Great post Mark L. I tend to agree with you that investors may have placed too much value on this one press release. Last month, prior to the press release when the stock price broke 10, I felt that there was nothing to warrant that valuation based on company's down sizing, not achieving profitability, increased competition, etc., but there was lots of daily volume that I couldn't ignore, especially with only a 17M share float. I hung in there for a while and then unloaded 2/3 of my position twelve and some change based on what I knew then. The rest I kept just in case something broke. To justify this current valuation, I would like to see some other WAP members state that they agree with the GWRX position and their technology is essential to all the WAP members. A buck an a half of extra revenue four years from now is OK then, but there is a lot time between now and 2004. Anything can happen in this business during the next four years. GWRX's future is as highly speculative as any dot com, and with that being said, I will hold my remaining shares for now, but not buy any more.

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