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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: DreamWeaver who wrote (1744)3/30/1998 6:02:00 PM
From: Murray H. Feigenbaum   of 2063
 
LGMTA released its 9/97 10Q last week after the very late filing of its 6/97 10K this month. The losses continue to mount but it seems like they should have a turn around after the new management take over and, I imagine that LGMTA is finishing up their write off's in time for their stockholders meeting on 4/9/98. The 12/31/97 2nd Quarterly Report SHOULD BE OUT before 4/9 and hopefully with some good news.

The sudden drop in price is probably due to the 9/97 10Q. The info in the Proxy calls for a 1:10 reverse split which probably will help in trading. Also, a name change to "Broadband Wireless Communications Inc.",which may be a plus and finally, a Cert. of Inc. modification for a zillion more shares... for what?
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