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: stuart a. turner who wrote (119)	10/20/1997 4:03:00 PM
From: Rob S.	of 370

The chart formation looks to be firming up. My guess is that it will base around the 6 1/4-7 area before moving up. I would buy on dips in here. News of minor agreements probably won't have much effect on the stock but a big news item could, obviously, cause it to jump. The company will have cash-flow problems until they get a significant revenue stream moving from placements of the Tranz Enablers. The results of any further dillution that might be needed to secure sufficient working capital is unknown at this time. These things put a fair amount of risk in the stock but the potential is also considerable. I'm hoping that management has been able to figure out how to secure the finacing without selling the farm.

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