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Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?

To: Grainne who wrote (4589)	1/21/1998 6:45:00 PM
From: Lindsey R. Spencer	Respond to of 5812

Well folks, we are dealing in a real game of chance here. How much cash does CAWS have now? (When they run out of cash they hit the ice berg - backruptcy.) Can they last till July when the 2-way comes thru or will a partner come in (can buy now for half the price last month) before. Market is telling us that its all in the water, we ain't goin to make it. Seems to be a big divide between us and July. The debt is staggering and maybe keeping the deals from happening. The price to this stock is at a good level to finally stabalize for now barring the big "B" filing. The conference call left me with the impression that JA was getting scared and starting to look outward to the big "B" filing as a last resort. I never would have thought that this shit would happen this month. I have been wrong about this stock three times now and I sold it for the last time today. I will never buy it again - three times a sucker. You can hold it if you want, miracles do happen, but bankruptcy is looking more attractive to JA all the time and if it does "B" one better hold the bonds because stockholders will realize it was all a dream, a bad one! Not even crumbs left over.