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


To: Jon Taulbee who wrote (4838)3/18/1998 11:00:00 AM
From: yaadmon  Read Replies (1) | Respond to of 5812
 
Good News is on the Way
FYI,
There might be some better news coming from the FCC in the near future regarding the approvals of more deals.
Yesterday afternoon CNBC had a news event saying that Congress
is planning to reorganize the FCC if they continue to deny the proposals put forth to them. In the past the FCC has denied too many deals under the Telecom. Act and Congress feels it has been too much. There was also an article in yesterday's news edition from Reuter Limited. I am a network engineer for a Telcommunications Co. and have been with caws fro a while now. I have already lost half my investment on CAWS but do plan to stay to the end.
Now since my credibility has not been formed yet I suggest doing some homework on this and do not take my word. CAWS is actually my first penny stock investment (I must say its a good learning experience for for me). I am not sure what impact will have on the wireless proposals but in the telecommunications industry this sure is GOOD NEWS.
Check out the some of the telecom stocks yesterday:

NEW YORK, March 16 (Reuters) - Shares of telecommunications companies rose Monday after an influential Wall Street analyst rated WorldCom Inc a strong buy and said its shares would touch $60 in the next 12 months.

WorldCom's rise encouraged investors to bid up shares of other telecommunication companies, including Bell Atlantic Corp , AT&T Corp , Sprint Corp and MCI Communications Corp .

ÿÿÿÿ In late-afternoon trading, Bell Atlantic rose 2-5/16 to 98-5/8, AT&T rose 11/16 to 65-3/8, Sprint was up one at 69-3/4 and MCI rose 1-1/2 to 48-1/16.

I would be interested if anyone can respond to this.

Yaadmon