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

To: Blue_Horseshoe who wrote (2129)	6/10/1998 4:56:00 PM
From: Andrew F	Read Replies (1) \| Respond to of 2426

The key SENTENCE in the previous press release is: 'We believe their enthusiastic support will provide the Company with good sponsorship in the financial markets.' The key WORD is 'sponsorship.' In my humble opinion, this company is afraid of a "takeunder." They BELIEVE in themselves, so what is their worst nightmare? Being a target at too low a price. So they desperately want sponsorship, i.e. patient institutions/investors who accumulate large blocks of stock w/o hostile intentions and with a long term belief that the company can make solid returns on equity. It is also in my humble opinion that the company is tipping its hand. If they were in deep trouble, they would be looking for life preservers. Instead of being worried about the $0.00 PUT, they are worried about the $4.00 CALL. They think the stock price is getting a bit too cheap (along w/ 99% of the readers of this thread), and it is getting to the point where it is no longer in their best interest to watch the slide continue. While I am at it, I'll let the flame continue. Suggestions for the bankers and management from a novice shareholder: a) Reverse split the stock 5 for 1 and do not split the stock every time the stock goes up 8 points. b) Order upper management to buy into the company, since they are implying the stock is cheap. This will do wonders for getting the attention of institutions. c) Fire your legal staff for not protecting your technology, and hire a good lawyer that will. And hire ten more engineers just to remind yourself where profit margins come from. d) When your stock now goes from a split-adjusted 12 1/2 to 37 1/2, move from the American over to the NYSE.