SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : USWE - US Wireless Data (formerly USWDA)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Randy Nuss who wrote (100)10/2/1997 4:21:00 PM
From: Rob S.   of 370
 
It's dificult at this point to judge what the value of this company is to determine a reasonalbe price for the stock. You can only look at the porduct potential and try to judge USWDA small part of the service fee cash flow. They won't make money on product sales for the Tranz Enabler because that is being given away. The profits are dependent on placing the units at merchants and that's dependent on the major agreements falling into place. The problem with many stocks that have a "story" that sounds great is that you realy don't know how well they will do until further down the line and speculators bid it up solely on the story. Many "story stocks" turn into fairy tales that end up being nearly worthless. I think that USWDA has very good potential but at this point in their development and judging from commitments already in place, figure the 12 month target price of the stock to be $10. Because ot the high risk involved in it being a newly emerging company, it would be reasonable to discount the 12 month value down to maybe 6-7. I'd like to see the price pull back to the 6 1/2 range. I guess once the brokers hype machine starts pushing a stock, the hype has a life of its own.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext