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Technology Stocks : Advanced Radio Telecom (ARTT)

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To: Richard Dunaven who wrote (604)5/4/1999 12:14:00 AM
From: SteveG  Read Replies (2) of 1176
 
<..BTW, why is this board so dead?..>

Cause there is really nothing to talk about yet?

Yet another Hirsch suggested announcement target date for the street (end of April) come and gone - and while I suspect there IS something coming, don't know when - and always the chance that until an announcement is made that potential deals can fall through. ARTT doesn't have the luxury of playing this game for very long, and EVERYONE knows that. If we don't see a contract signed soon (and we may), ARTT will be retesting it's October lows, Hirsch's credibility with the street will be a confirmed blow-up, and we will see some major shifts in ownership base and temperament.

Now to hedge the uncertainty risk (and it IS there) I took some nice option profits today (May 12.5 and 15 calls). But I'm still significantly involved (all currently profitable) so hope something happens soon as much as (if not more than) the next guy.

So Ric, what whispers/insights might you have for us? A timeframe? A price range? A strategic partner or even a short list?

(fwiw, several smart/involved people question whether there would be much upside premium to current levels)

Yours in anticipation-
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