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Microcap & Penny Stocks : USWE - US Wireless Data (formerly USWDA) -- Ignore unavailable to you. Want to Upgrade?

To: rev who wrote (217)	2/18/1998 10:47:00 PM
From: greentree	Read Replies (2) \| Respond to of 370

Jason, First, I note that your strangely optimistic reviews of USWDA never address my factual comments. Rather they parrot the stock promoters hype. Hmmm, makes one think. Second, does it not cause you concern that this is approximately the fifth new management team the company has had? The only common element is Rod Stambaugh. Even his fat worthless friend (and "co-founder") Len Trout bailed out on the company. Third, read the last paragraph of the stock promoter's recent release: "The company's strategy will be to deploy its technology through marketing and partnership agreements with major cellular phone companies, regional and community banks, select ISO's and its own sales force." Now, read ANY old literature including the POS-50 literature. This is nearly word-for-word what Rod has been saying for five years. He still has NO IDEA how to sell this product. He tried banks before, he tried Yellow Cab before, he tried ambulances before (could you imagine "pardon me sir, but will this ride be cash or credit..."), he tried Domino's Pizza before. This "Strategy" has not worked in the past, why will it work now for a substantially weaker, financially insolvent company? Do you really think GTE will jump in bed with USWDA after they check out their D&B and their stock-hyper's history? Get Real! The simplest answer as to why USWDA has gone up can be found by following the money trail. It goes something like this: 1.)USWDA is in a hole so deep that NO one in the financial community will touch them with a ten-foot pole. 2.) Rod knows fact 1, and knows his stock certificates are essentially wallpaper. 3.) Stock hype-artist sees a bleeding fish in the ocean and begins to circle. Rod sees savior who will give him a liquid market to sell his wallpaper to unsuspecting saps. Hype artist essentially buys the company outright for less than pennies on the dollar. 4.) Management, hype-artist (through unnamed accounts) and large key shareholders start dumping stock into the hype-generated buying. (see the SEC filings) 5.) You get stuck holding the bag! To sum up, there are a very few people who have and will make money on this stock, and they are playing a game of which you are not even aware. This company, and Rod Stambaugh are a joke. The sad thing is your pride and greed prevent you from realizing that simple fact. If you cannot see that they have NEVER been successful, and that their news releases have NEVER amounted to revenues, you very stupid. Sell.