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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: John Mattessich who wrote (80)8/4/1997 9:29:00 AM
From: Conor P. Cahill   of 116
 
> Did you happen to call in to the 1-800 conference call number to
> listen to the discussion on Q2 results last Friday ?

No, I missed it.

> 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 !

I think this is part of the $2.5mil charge for "non-pay disconnects,
...subscriber writeoffs..." which appears to be more follow up on
the accounting changes that they started in November that threw
them down to the sub-basement (as far as stock value goes).

Hopefully, their optimism for the 2nd half is well grounded and
we will see some movement in their stock. This flat line business
is not fun.

Conor
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