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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Hank who wrote (750)	4/27/1998 4:44:00 PM
From: Jim Roof	Respond to of 4634

<<If you really want people following you and telling you how smart you are, you could even start you own thread if this one isn't constructive enough for you.>> I do not see how you could possibly confuse my function here of showing how dishonest Bill Wexler is with many of his poorly researched opinions masquerading as facts with a desire to show people how smart I am or even that I would consider starting my own thread. My initial entry to this thread was to rebut statements made by Bill that were either poorly researched, the parroting of other short trader's poorly researched opinions, or out and out lies. Those who have followed the discourse from day one should be aware enough of my intent. I have no desire to start my own following. But if you must press me for a pick then look at WGNR. Wegener Corporation is in the digital satellite hardware and control software business. They had some rough quarters as they were overloaded with out-dated inventory and had to write much of this old gear off. They surprised us with a solid last quarter and the next year looks to be a turnaround for them. They are currently shipping to FOX Network and also have received an order from NBC News. Most (if not all) of the major networks have yet to move to digital in a big way but sooner or later they all must. I have purchased WGNR on 2 occasions. Half of my shares bought at 2 5/8 and the other half at 1 7/8. A good entry point is anything below 3, especially if the volume continues to dry up. I think WGNR should make a short term run at the mid 4/s but I intend to let it ride for a while - more than likely. Jim