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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (1454)4/30/1998 6:58:00 PM
From: Mykldee  Respond to of 25711
 
Ditto Tariq Stock #1438

CEO of Wireless Data Solutions Increases Stock Position
BusinessWire

LEESBURG, Fla.--(BUSINESS WIRE)--March 26, 1998--Wireless Data
Solutions Inc., (OTC BB:SOLU), announced Thursday that its CEO and
President has recently acquired 150,000 shares of the company's common
stock. He is the company's largest individual shareholder.
Mike McLaughlin, CEO and president of Wireless Data Solutions said:
"Based on the number of phone calls I received in the last 30 days from
shareholders and members of the investment community, it was obvious
that confidence in the company was being eroded as the price of our
stock drifted to its lowest level in the last three years. The selling
obviously came from misinformed advisers and/or investors with little
disregard for the company's accomplishments or future."
McLaughlin continued: "We are part of the wireless data
communication industry which is very competitive but vast and growing
rapidly. We have been profitable each fiscal year since 1994 and I
expect this trend to continue. Therefore, I increased my ownership
because of what I see coming down the road in the near future, and
because I feel Wireless Data Solutions is a very good long term
investment."