CAWS - Wireless Cable (New and Improved) Message Board

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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: John A. Young who wrote (120)	11/6/1996 4:28:00 PM
From: Ken Turetzky	of 5812

Is stock trading supposed to be this easy? The news about Bell South buying wireless rights from CAWS is out all day Tuesday, and nothing happens. Then on Wednesday, the WSJ runs a brief item, and Dow Jones includes CAWS on its "hot stocks" list, and suddenly we're up 5/8 to $4. That's an 18 percent gain in the stock price. -------------------------------------- Hot Stocks: AGY ALF CAWS Argosy Gaming Co. La. voters decide to keep 6 1/8, Up 3/8 riverboat gambling. If vote 6.5% Gain would have been negative, the 136,900 Shares casino would have been forced to (AGY) close when license expires in 1999. - - Assisted Living Yesterday Smith Barney upgraded 18 3/8, Up 1 1/8 its rating to buy from a 6.5% Gain venture rating. 40,400 Shares (ALF) - - CAI Wireless Inc. BellSouth Corp. (BLS) agreed to 3 7/8, Up 1/2 pay $6 million to acquire 14.8% Gain the company's wireless cable 770,600 Shares license for Atlanta, and $7.3 (CAWS) million for rights to several licenses outside of Atlanta from CS Wireless, of which CAI Wireless owns 54%; co. also reported 2Q results late yesterday. (END) DOW JONES NEWS 11-06-96

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