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: Andrew G. who wrote (95)	10/1/1997 6:31:00 PM
From: Rob S.	of 370

Yea but the stock price is now at a point that it will take as long as a year of meeting the business plan to justify the price. We are talking about big IFs here; the stock is now fully valued IF USWDA gets major new contracts in place, and IF they arrange additional financing at favorable terms or further dillute the current shareholders value by issuing more shares, and IF they are able to manage their growth without running up costs too much. I'd rather see USWDA move up gradually in line with the reality of their agreements and performance rather than see it crash and burn and discredit the company and the investment. I talked today to the investor relations firm Leviakis Associates and they agreed that the price has gotten out of line and that they would rather see an orderly movement up. A big crash would not look good and could scare away business partners or finacial arrangements. Leviakis said that they know of no reason why the stock has shot up other than a delayed reaction to the recent news. There is nothing else that is immenent to account for it.

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