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

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To: Randy Nuss who wrote (114)10/10/1997 4:38:00 PM
From: Rob S.   of 370
 
The company says they are negotiating with most of the major cellular companies and that they expect to have agreemetns in place with all of them eventually. The smaller contracts such as Golden Can are interesting because they are new applicaitons for credit/debit card transactions. Although the volume on any one of the contracts of this type can't be expected to be nearly as substantial as a major telecom deal, they to the other deals and do not conflict. 3,000 here, 1,100 there and pretty soon it adds up to significant volume. I like to see them broaden their base of business as much as posible as it can often lead to establishing more lucrative product nitches and adds to the establishment of USWD as a standard.

I think next week will be a good time to pick up some shares at a bit lower price. I was hoping that the momentum players would take profits and drive the price down a bit.
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