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

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To: plantman who wrote ()12/4/1997 6:13:00 PM
From: The Irish Hug  Read Replies (1) of 370
 
I just finished listening to the CC, which was upbeat to say the least. They said that their revenue goals for their CURRENT fiscal year (which, I believe ends 6/30/98) is $16 million and, importantly, the CEO said that he believed this number was "extremely conservative" and that he would be disappointed if they didn't surpass this goal. They emphasized that this was "recurring" revenue. They basically said that the deal with Bell Atlantic is a done deal (with the exception of one final clause, which they were very confident would not be a show stopper) and it could be announced very shortly. They are well ahead of plan on placements by GTE Wireless' sales team. They signed-up the City of Largo Florida for all their credit card transaction needs. They will have a new application due out during their first quarter. The financing will be announced in a day or two. Their President is in Columbia pursuing international opportunitites (one of which is placement of the TranzEnabler in ATM machines). So much to remember... Very upbeat to say the least.
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