SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sandra who wrote (985)2/22/1998 8:34:00 PM
From: Ken W  Read Replies (1) of 29382
 
Sandra,

Sergio requested that I take a look at WTT as he is up to his hips in stock tickers. Here's what I found.

Wireless Telecom.

Reported 4th Q .10 vs .11 same Q last year. Primarily due to increased labor costs from expanding and growth of the R and D, sales force. The co. sells 95% of its product to commerical accounts and the other 5% to military applications. The annual numbers are better than last year .45 vs .42 on increased sales of 21%. Margins are also up. Yearly and 4th Q sales are up. The pesky labor issue seems to be the only hang up at this point.

FMR group filed a 13g per 13d on Feb. 11 consolidating the family holdings into the FMR fund holdings giving the group a 9.71% stake in the co. at 1.6 million shares. The float is a little cumbersome at 14.7 million.

Second opinion gives the stock an entry level buy signal above 6.90, which it has done. All dMA are up with the exception of the 200 day. The weekly vol. slope is up. RSI, ACC/Disp is positive.

This looks very attractive at this point

Here's to a great week ahead.

Ken W
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext