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Technology Stocks : WorldGate Communications, Inc. (WGAT)

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To: MJ who wrote (576)2/2/2005 11:31:18 PM
From: Smart_Asset  Read Replies (2) of 589
 
MJ,

I am in the stock.

At this point in time, I don't believe any realistic revenue targets can be set for wgat.

The best site for research is www.ojoworld.com

Make sure and read the Motorola-Worldgate agreement. It would also be helpful to check out the Motorola site and do a search for Ojo. Obviously Motorola has a substantial commitment to the product. I've read various ship dates of March 1 to ? Right now the stock is running on hype, speculation, momentum and straight gas. The current speculation centers on announcements of contracts with cable or phone providers.

A firm Motorola ship date or booking of revenues(the Mot contract is $5mil), could send it much higher. The buzz is about 150 decibels on the yahoo thread (don't bother).

Let me know what you think.

Tam
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