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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (550)	8/9/1999 1:04:00 PM
From: SteveG	Respond to of 1860

AG Edwards analyst Dave Heger's Q2 revenue estimate for WCII had until today been an aggressive $102MM (he hadn't spoken to the company about his revenue number for quite awhile). WCII's very clear Q2 revenue guidance for several months has been ~$95MM. Heger has just today adjusted his revenues down, and did so in a report which included some cautionary comments on this revision (details later). As a result some AG Edwards fund-clients have been selling, albeit on light volume Purportedly, other funds who know the WCII story and who have been looking for advantageous entry points have been nibbling.