USWE - US Wireless Data (formerly USWDA) Message Board

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Microcap & Penny Stocks : USWE - US Wireless Data (formerly USWDA)

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To: Rob S. who wrote (83)	9/25/1997 6:28:00 PM
From: rev	of 370

Hello gang, I have sold out my position at $6.50 on Tuesday. I believe that the stock has simply gone ahead of itself in the near-term. I'll be looking for a re-entry point in the next week or two, hopefully before any new contracts or positive announcements are made. I tend to agree with Rob in that this stock could see $10 by year end, without much labor. A few good contracts, financing to provide necessary working capital to facilitate the purchase of cellular modems and devices, additional management additions, on top of the low float are enough factors that would indicate strong upside for the stock. I'll be looking to re-enter in the $5-5.25 range, as I believe there will be some profit taking over the next week or two as the stock idles before contracts are announced and things really get cooking. On the other hand, if the stock rallies back to $6, I will also re-enter, as this would indicate things may be leaking and it is time to get on board again. Just some of my short term trading philosophies. Go USWDA! Regards, Jason

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