CAWS - Cai Wireless Systems - Cable Modem Killer Message Board

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Technology Stocks : CAWS - Cai Wireless Systems - Cable Modem Killer

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To: Malcolm Boyd who wrote (2172)	10/31/1996 10:34:00 AM
From: Tom Duxbury	of 2221

I spoke to CAWS CFO Jim A. yesterday as well as Smith Barney Analyst John Reidy. Both said the same thing. Until a the new contract with BANX is done this stock will not do much. Wall Street hates no news, it would rather get the bad news out and go from there. The new contract will be very positive news for CAWS. Mutual Funds are selling this stock for tax reasons. They have until Oct 31st (today) to get this done. I have bought very heavily at 3 5/8, 3 3/4. This stock should get a small bounce within the next few days to a week, although nothing big should happen until we get a new contract. Buy some stock at these levels and wait 31 days to sell your original shares (for tax reasons.). If your worried about CAWS going to 0, just do some quick math on their LOS valuation.

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