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Technology Stocks : WorldGate Communications, Inc. (WGAT) -- Ignore unavailable to you. Want to Upgrade?

To: John F Beule who wrote (86)	4/20/1999 1:13:00 PM
From: John F Beule	Read Replies (2) \| Respond to of 589

The apparent overdone selloff yesterday, has re-ignited some internet bellweathers today. WGAT is a glaring exception, why? I believe it has to do with the timing of a paper reporting that AOL is having set-top boxes made for their entry into interactive tv. Obviously this timing has sent WGAT into a nosedive, that until their quiet period (30 days after IPO?) ends, will it see a recovry, all IMO. This seems to be a PR ploy to dampen the enthusiasm of WGAT, why? Because WGAT and ATHM are going to be THE leaders in this new medium, ATHM has the early lead, however WGAT has the technology to keep it a close second. It is my belief that AOL will find it easier to align with these companies, than to compete . AOL is the gorilla that everyone is chasing....on the computer medium...the tv is a yet defined space, that plays by a whole 'nother set of rules. AOL is on top of the game in the computer space because they were first, and the made alot of timely moves, but then comes a MSPG (for example) that proves room exists for others that complement this medium. The same thing will happen with tv, only AOL is not first, they are behind. ATHM has made the right moves so far, now comes WGAT, great backing, new cash infusion....folks, ya gotta wait 30 days to hear what they say about their plans for this space. I own this stock at 30, so I'm sore right now...but still bullish...I have alot of faith in the backers, and the management of this company. My guess is they are way ahead of the curve to stay behind ATHM. I hope MGMT does'nt let the AOL newsbyte dissuade them like it has the street. Thoughts? John B John B