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Strategies & Market Trends : 50% Gains Investing

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To: Appleby who wrote (227)	11/12/1997 6:59:00 AM
From: Dale Baker	Read Replies (1) of 118717

Ed, in a better market I might say WRLS is worth a chance since they have plenty of cash and a worthwhile product, plus promising marketing relationships. Short term, however, they are receding with everything else. I'm not enthused about going long on anything until I sense a turn in the market mood. Tax-loss selling between now and December 31 will only add downward pressure. I would keep WRLS on a watch list unless you are willing to ride it down a bit and wait for a good upward move. Profitability seems to be several quarters away. Good luck.

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