To: Bill Harmond who wrote (93724 ) 2/16/2000 3:09:00 PM From: Libbyt Read Replies (1) | Respond to of 164684
Wireless stocks... Have you looked at DLK? I posted this article a few days ago...DLK went up to 42 on high volume. DLK is selling off today at 27 1/2. There is a conference call on Thursday after the close of the market for DLK. I think DLK is still an undiscovered wireless stock that has the potential for enormous growth. ("gushed" Libbyt!) Libbyt AETH comparison to DLK... NEW YORK (Dow Jones)--Shares of DataLink.net Inc. (DLK) set a 52-week high for the fifth consecutive day Tuesday, trading up more than 30% as investors continued to pour money into wireless-data-product companies. DataLink.net, based in San Jose, Calif., began trading on the American Stock Exchange in late December and has seen its stock rise from less 7 to more than 38 in the past two months. "The price of the stock has risen dramatically," said William Mahan, chief financial officer. "We've seen some institutional investors come in. We've had an imbalance of orders the last two openings." DataLink.net sells a service that provides real-time stock quotes and price quotes on consumer goods to customers' pagers and cellular phones. The company is similar to Aether Systems Inc. (AETH), which has seen its stock price climb 341% from 41 to more than 181 in the last four months. It is currently trading at 179 1/8. Both companies provide real-time links to Web-based information, a market expected to explode in the next few years as wireless handsets and the Internet converge. Shares of DataLink.net recently traded at 36 1/8, up 8 3/4 or 33.1% on volume of 1.1 million compared with average daily volume of 241,000. Shares rose to a new high of 38 5/8. -Johnathan Burns; Dow Jones Newswires; 201-938-2020; johnathan.burns@dowjones.com And this was from a message on Raging Bull: "Smart money knows the value of DLK--" DataLink's Xpresslink server and the role it can play in enabling wireless portals is HUGE. The money flowing into Aether and 7/24 Systems, and from Aether into OmniSky and the private players like Riverbed and Novatel, as well as into paging carrier Metrocall this week, says an ENORMOUS amount about how big this space is and where its heading.... OmniSky will be an AOL-like turnkey connection for the palm-based wireless web. DataLink has the core technology to deliver any e-commerce site's content to the millions of wireless handheld devices that OmniSky (Palm + Aether) will put on the street. DLK will then be pumping out Net portals' data to Palmtops, PCS phones and 3rd generation WebPagers. DataLink and Xpresslink are device-agnostic! DLK is in the very thick of this industry and the only major player (Wireless Application Service Provider) based in SanJose and the Valley. They are strongly rooted in the Wireless Data Forum (http://www.wirelessdata.org), the WAP Forum, and have a presence at the key wireless data shows: CES, Wireless IT (where I saw them this past November in Santa Clara), and Wireless 2000 in New Orleans (I'll be there doing more research in 2 weeks). The bottom line: This company holds KEY technology and industry connections in the hottest, fastest-growing business sector on Earth (the Wireless Internet !!). And they have a truly extraordinary chance to be heavily valued-- at levels MUCH closer to their only public-traded competitors (AETH, SVNX, SSOL, IW.TO, PUMA)-- in the very near future.... Believe It! "