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Microcap & Penny Stocks : Wireless Data Solutions, Inc (OTCBB:SOLU) -- Ignore unavailable to you. Want to Upgrade?

To: paper man who wrote (247)	5/27/1998 6:40:00 AM
From: Hamby Hutcheson	Read Replies (1) \| Respond to of 377

PAPER MAN: "... give away ..." I don't think WDS will give away anything in a classic sense. Wireless Data Solutions (WDS) MIGHT use shares to acquire other companies -- normally thought of as a positive as the assets acquired bring increased assets to WDS. We have to wait and see the value of the transaction to determine if it is a positive for the books. In my opinion, a good technical deal on the part of WDS management should increase the value of your shares even if they issue Treasury shares for the acqusition. If WDS does something like a Private Placement Memorandum (PPM) with a "capitol investor" for funds, a number of shares will be issued relative to the $$$ going into the treasury of the company. Here again this is a positive to the value of your shares as (1); the PPM will probably involve to 144 shares (Treasury) as opposed to any currently registered shares and the $$$ will go to the Company for use in daily operations (such as engineering, equipment and marketing). (2); 144 shares are normally acquired below (discounted up to 50%) the current market BUT, they cannot be traded (for up to 2 years) on the open market like the shares you are holding (assuming you purchased from a brokerage house). We all know that WDS is in need of funds for not only the Mexican deal but general operations. I'm out because (1); I bought at a price of .275 to .375 and took a profit by selling above .60 and (2); I am interested in being the "capital investor" you speak of and felt that it was best for me to deal in 144 shares only. Without tradable shares held on my part, there should be less comments about my comments. For the long term -- keep the faith !!! Regards, Hamby Hutcheson