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Technology Stocks : Wegener -- Ignore unavailable to you. Want to Upgrade?

To: hookjock who wrote (1657)	12/1/1998 5:53:00 PM
From: Don Hand	Respond to of 2919

WGNR appears to be in the direct broadcast business rather than cable form the head end to the home. They may not really belong at the western cable show. There has been a lot of trading for such a small company. With Echostar purchasing the satellite stuff from News Corp. that may be having the effect on WGNR. Now Echostar can sell or what ever they do with it; and get business moving. WGNR may play a role. We still have not heard from the Church LDS. That appears to be a pending deal with unknown potential. I see from the LDS web sites that they have churches (branches) all over the place. The recent sell off of WGNR began yesterday when all the markets tanked. WGNR just has not resumed its upward trend after the markets picked back up this afternoon. Hang in there.

To: hookjock who wrote (1657)	12/1/1998 6:00:00 PM
From: Don Hand	Read Replies (1) \| Respond to of 2919

Is the preferred stock a voting matter for the stock holders ? A couple of years ago I heard Harvey Wagner the CFO of PTEK, formally CFO of Scientific Atlanta (SFA) and Computer Vision say something that relates to this issue. And I'll paraphrase: Companies that do not have money can not borrow. The ones who have cash can. He would know because even though SFA did not need the cash; they increased their ability to borrow with an agreement. Computer Vision did not have cash and had a very difficult time raising it when he was there. And I see at PTEK he increased the credit limit. For WGNR to create that agreement is smart business. I vote yes.