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Technology Stocks : CAWS - Cai Wireless Systems - Cable Modem Killer
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To: Ken Turetzky who wrote (2149)10/30/1996 1:42:00 PM
From: Ford Investor   of 2221
 
Ken, I bet that the CEO of CAWS must be pretty ticked off as to the beating that his company has taken. With over 6 million shares once at $7 to total $42 million, he has lost over $21 million dollars this past month. BANX has lost alot more because of the shares dropping but who knows how they will incorporate CAI into its markets. Sure, phone lines are being tied up more than ever these days. Wireless Cable needs to get implemented as soon as possible! Is BANX driving the stock as low as possible for an eventual buyout? After all they own 96% of the company. THIS IS THE LOWEST IT HAS BEEN IN ITS HISTORY! We are all feeling so down that it starting to be the lowest point in our lives. I have friends that are considering robbing some banks so they can compensate themselves from the CAWS life. Another friend is talking amount kidnapping the daughter of the CEO of a large company's baby and get ransom to recuperate from CAWS. Why are people out there buying 100 shares of CAWS at one time? This company made a huge mistake by getting together with BANX very early. It should have waited a little bit and signed a contract similar to the one PacTel signed with its wireless provider.
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