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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sandra who wrote (2264)	3/28/1998 9:45:00 PM
From: Sergio H	Respond to of 29382

Sandra, the article that you posted does explain the high volume on WIRL on Friday. I am sure that this would have some impact on the TA. If you are looking at this stock as a quick trade, that news could spark the stock for another day or two. If you are interested in holding longer than that, take a look at the company financials. From their last 10q, "Based on the factors and results discussed above, the Company believes that the $31.7 million in unrestricted cash at September 30, 1997 is sufficient to meet its expected capital and operating needs through the end of 1997. In order to finance the launch and build-out of additional systems, the Company is actively seeking to raise additional funds through the sale of assets or through financing arrangements at the operating system level, additional borrowings, the sale of additional debt or equity securities, joint ventures or other arrangements, if such financing is available to the Company on satisfactory terms." Sheesh, and I still haven't checked the filings on WAVO, a stock I own. Hopefully one of the other Amigos checked it. LOL Sergio