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Technology Stocks : PageMart
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To: Charles Holcomb who wrote (5)2/13/1997 6:06:00 PM
From: Q.   of 21
 
Among the paging providers, PMWI is among the weakest, financially. Their shareholders equity is certain to go negative after the March quarter. (See the following post.) That will result in their delisting from NASDAQ, unless they sell more shares, which I'm sure they will do. The result will be dilution and further selling pressure on the stock.

Today the stock hit a new 52 week low:

PAGEMART WIRELESS INC CL A, (PMWI)
(last trade: 16:00 02/13/97 ET): Last Trade 5 7/8
Change Down 3/8, 6.000%
Day Range 5 7/8 - 6 3/8 Prev. Close 6 1/4
52 week Range 6.000 - 13.250
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