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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: STEAMROLLER who wrote (156)8/13/1998 5:48:00 PM
From: Satch77  Read Replies (1) | Respond to of 1561
 
SR,

Great thread you started, and really enjoy my day on it. Tomorrow I predict that WCII will be up over $4, now trading around 33, up 3 today on takeover speculation. (FON was the rumor) Without getting real technical, WCII can provide fat pipes for business using a wireless system, and they own the 38GHZ bandwidth. They would make a good match for Sprint as they could connect their LD fiber lines throughout the country and the world with their own local service, provided by their wireless microwave technology. The technology is proven, and the demand for bandwidth is increasing every day, with no end in sight. The cost for WCII to set up wireless on a rooftop is 4-6K, versus 80-100K to hook up the same building for fiber. Look at the day chart and 5 day chart for WCII, and you can see how fast it spikes up. Today they had over 3.5 MM shares trade, most of it happening in the last couple hours. AVG daily volume is about 1MM.
Good luck to all.

Satch