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

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To: Bob Thompson who wrote (145)12/2/1997 11:40:00 AM
From: Rob S.  Read Replies (1) of 370
 
It certainly looks disapointing at this point. I talked with leviakis about a week ago last Friday and he repeated that several exciting announcements were due out very soon. He also said that he though an announcement on an additional $2.5-3 million in financing would be inked last week. None of that has happened yet and the only "news" out is some pablum about "completing the management team". That sort of news usually comes out when a company has no real news to report and is trying to stem the tide of disappointment (vapor hype?).

This company has a great "product story" but has yet to put together the deals that are needed to make the hype a reality. Several things that were expected to be in place by now have yet to occur.

There is a conference call scheduled for this Thursday that will, hopefully, address these questions. Otherwise, I see this stock dropping.
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