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Technology Stocks : WGNR... I got a tecnical buy here at $9

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To: Peter Y-H who wrote ()5/21/1996 12:39:00 AM
From: Donald B. Fuller   of 38
 
Peter,

WGNR = Wegener Corp. - Maker of audio/video digital satellite compression/transmission technology. Big big market I think - but WGNR is a tiny fish in a sea full of big ones. Their gross earnings has increased pretty smartly in the past year but their eps remains barely positive. They are supposed to be improving that after gearing up their production capacity to accomodate their larger backlog. I own some @ $3.50 - $4.125/sh. It was very hot about 1 year ago but has just sat for quite a few months now. Your observation is interesting though. It does seem to have a pretty hard floor ~$8.75/sh lately - basing for a fresh blast you suppose??

Don
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