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Technology Stocks : Heartland Wireless HART

HART 1.790

+8.5%

Mar 31 5:00 PM EST

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To: Conor P. Cahill who wrote (79)	8/3/1997 1:10:00 PM
From: John Mattessich	of 116

Conor : Did you happen to call in to the 1-800 conference call number to listen to the discussion on Q2 results last Friday ? From the Q2 Press Release : "At June 30, 1997, Heartland had 197,400 subscribers, which reflects the company's plan to grow its subscriber base more slowly ...: From the Q1 Press Release : "Heartland's subscriber base grew 10% during the first quarter of 1997 ... to 199,300 subscribers at March 31, 1997" So, they went from 199,300 subscribers to 197,400 in one quarter. While they should be applauded for slowing down the launching of new operating systems, it looks like they've taken the "slow growth" thing a little too far ! John

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