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Technology Stocks : WTT-Wireless Telecom. -- Ignore unavailable to you. Want to Upgrade?

To: John Chaffin who wrote (2107)	6/5/1998 12:17:00 AM
From: Richard Estes	Read Replies (2) \| Respond to of 2426

I don't believe that fundamentals correlate with price. How many stocks do you know that haven't had a cent of profit for the past 5 years, yet are selling for 5-20 times WTT's price? But the weakest thing about funnymentals is that it does not provide an entry/exit. You end up buying "stories" or swapping wishes. Some spoke of buying at $12, their capital been reduced by 75% with only hopes to recover them. Focus and vision can't be quantified. Your sources of news, earnings and etc. are people who have their own adgenda, the company or a broker. I would buy it when it reaches $3.43 for a couple of days move.