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Technology Stocks : White Electronic Designs Corp (WEDC) - Tech Value? -- Ignore unavailable to you. Want to Upgrade?


To: QuietWon who wrote (27)1/6/2000 7:27:00 AM
From: MarcG  Read Replies (1) | Respond to of 40
 
QW & M, I don't agree with memory price
spike analysis (see Hamid's comments from conference calls re same. These are highly specialized products, not commodity types for pc's).

2 News releases so far this 1st week in January 2000: First, the Commercial Division is increasing production capacity by 400%. Second, the convertible pfd issue has been called.
This will increase the stock's liquidity
(needed for NASDAQ National listing) and save $360k annually in dividends.

Good post last night on Yahoo from split_city sharing WHT's IR mail response. In summary, objective is NASDAQ listing (requires $5+ share price for sustainable time), 1/2 of order backlog worked off in last quarter and
new contracts have been coming in and will be announced.