Joe, this is gold **WLGS** assets appraised at $39,000,000 current value and
$250,000,000 future value.
IF you missed this....you should read carefully...
SAN FRANCISCO--(BUSINESS WIRE)--Dec. 11, 1998--The Holt Media Group
(HMG) has issued its market
valuation update on the assets of World Wide Wireless Communications, Inc. (OTC
BB:WLGS - news) and has
appraised those assets at $39,000,000 current value and $250,000,000 future value.
HMG's appraisal is set out in a 59-page document in which the company and the
industry are carefully analyzed and
reviewed.
According to HMG, ''World Wide Wireless Communications finds itself in the enviable
position of having not been
enmeshed in earlier failed wireless cable efforts.''
Describing the visionary approach of the Company's founder, Michael Lynch, and his
efforts and concentration on digital
technology, the appraisal goes on to note that ''World Wide Wireless Communications
is now entering the industry as an
operational company without heavy baggage and with a clear and consistent vision of
the best uses for the bandwidth for
which it holds licenses and options.''
In its in-depth analysis of the Wireless Internet Division of the Company, HMG noted
that the Company's concept of
High Speed Internet Access, which it had developed several years ago, far ahead of
most others in the field, has ''been
validated by recent events (and) the stage appears to be set for substantial growth if all
elements of the business plan are
successfully implemented.'' Check www.newsalert.com, type WLGS, & DD this one
...best favor you could do for yourself. Also call the company. |
