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Strategies & Market Trends : Three Amigos Stock Thread

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To: arnold silver who wrote (18910)	2/20/2000 3:54:00 PM
From: Sergio H	Read Replies (1) of 29382

WGAT is sitting at 200day MA. Not enough history to evaluate its chart further,but you can compare its price appreciation with other internet service providers. Over the last six months WGAT has underperformed its peer group. Expect some attention on this stock as earnings are due next week. Not expected to make a profit, just to lose less money than last year's comparable quarter and to demonstrate increasing customer base. GIGM's IPO on Friday displayed that there is interest in the market for overseas internet providers. WGAT doesn't have an interest in Asia, but could benefit from GIGM's action. Not much large block activity over the past week or month, which is surprising when you factor in the two analyst upgrades. Don't know much more about this stock Arnie, but the short ratio drew my attention....almost 30% of the float. That's mighty large. Sergio

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