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Technology Stocks : Wandel and Goltermann

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To: Robert Scott who wrote (66)9/30/1997 12:51:00 AM
From: John Prugh   of 75
 
Robert,
What are you saying when you characterize I.I. as a "contrary" indicator? Do you think WGTI is a buy because I.I. is so negative on it short-term? Or do you think it is a sell, because I.I. had a couple of good things to say about it vis-a-vis the future.
In my (very limited) experience, companies that are experiencing troubles, such as WGTI, can be very profitable, so long as they don't go bankrupt. And I don't think WGTI is going to disappear.
- John
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