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

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To: Rosemary who wrote (518)11/26/1996 10:02:00 AM
From: Ed Schultz   of 5812
 
What is wrong with you people?

Could you possibly put your emotions aside and look at this stock subjectively? Of the last 200 replys to this board, 99% of them have been NEGATIVE! Why would anyone with a sane mind want to invest in this company? You have a better chance of winning the lottery.

I bought 2000 shares at $15 5/8 and another 2000 at $10 (to average down). When this board turned decidedly bearish, I sold it all at $7 1/2. Everyone then thought that that was the bottom. But where are we now? The bottom is bankruptcy!

Even if we assume the best scenario and all goes well, I cannot imagine this stock going above $10. Too many people wouuld bail before then.

Put another way, take a look at a company called ANCR. Of there last 200 posts, 99% are POSITIVE! Yet this company is waiting to be discovered. Although the price is currently around $14, there have been estimates of anywhere from $40-$200 for next year! (With positive earnings.)

Both CAWS and ANCR are considered "speculative". But would you rather invest in something where everything is NEGATIVE or in something where everything is POSITIVE.

It is time to dump this turkey. It can, and will go lower.
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