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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: SgtPepper who wrote (36604)	12/1/1999 2:56:00 PM
From: Dugout	Read Replies (1) \| Respond to of 108040

Sgt. Pepper, why do shorts have to cover today?

To: SgtPepper who wrote (36604)	12/1/1999 2:56:00 PM
From: Manny	Respond to of 108040

IGLD 14+ ... lots of buys now.

To: SgtPepper who wrote (36604)	12/1/1999 2:56:00 PM
From: Ron Pratt	Read Replies (1) \| Respond to of 108040

IGLD 14 broken high of day

To: SgtPepper who wrote (36604)	12/1/1999 2:56:00 PM
From: bigbuk	Read Replies (1) \| Respond to of 108040

WLGS -WIRELESS NEWS!!!!!!!! just gettting noticed on News today. WLGS - OAKLAND, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--World Wide Wireless Communications, Inc. (OTC:BB Symbol "WLGS") announced today the acquisition of 51% of Infotel Argentina, S.A. As announced previously, Infotel is the owner of MMDS licenses in eight of the largest cities in Argentina - including Buenos Aires - and it is expected that high speed wireless internet service will be offered by the new entity within several months. The agreements concluded today and executed in Buenos Aires include a Management Agreement, a Shareholders Agreement, and a revised Stock Purchase Agreement. Under the terms of these agreements, WLGS will appoint the majority of Infotel's directors and will be in charge of the management of that company. The new venture - which will retain the name Infotel Argentina, S.A. until a new one is adopted will be jointly operated by the current management and employees of Infotel along with additional individuals brought in by WLGS. The Management Agreement provides for the payment to WLGS of a management fee based on gross revenues and further contemplates that WLGS will sell equipment to Infotel for the build-out of the systems. In addition, WLGS will receive 80% of profits from the venture's operations until all funds provided by WLGS to the project have been repaid. "Naturally we are pleased that our acquisition of the majority interest in Infotel has now been completed," stated Douglas Haffer, President and Chief Executive Officer of WLGS. "Our enthusiasm for the Argentine project has only increased since our initial Letter of Intent was executed and we believe the acquisition will serve as a significant first step in the development of WLGS' international, and more particularly, Latin American, operations." In other news, WLGS announced today the execution of a Memorandum of Understanding involving the establishment of a new business relationship with a significant telecommunications entity in Brazil. Additional information regarding this relationship is expected to be issued upon the execution of a definitive agreement between the parties. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control, delays in development and testing of products, and fluctuations in demand for the products and services of the Company. --30--ac/sf* CONTACT: World Wide Wireless Communications Douglas P. Haffer, 510/839-6100 www.worldwide-wireless.com or Henry Harrison, 407/682-2001