SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WTT-Wireless Telecom. -- Ignore unavailable to you. Want to Upgrade?


To: Edward Boghosian who wrote (2326)4/25/1999 12:25:00 PM
From: patim  Respond to of 2426
 
It's going up because of earnings which will now be profitable and the fact that they have lots of cash, no debt and they just got rid of that part of the company which was draining them. WTT is by far my biggest looser to date, but this is one of the few exceptions that I am doubling down on.



To: Edward Boghosian who wrote (2326)4/25/1999 1:42:00 PM
From: stock leader  Read Replies (2) | Respond to of 2426
 
WTT will go up in the near term. WTT is a stock that is trading at its cash balance and, as a result, it simply REFUSES to dip below $1 1/2 a share. I have made a good deal of money in the past couple months by buying stocks that have been extremely beaten down and are trading at or near their cash balance. WTT has been taken behind the barn and shot, but there is NO WAY the price is going to slip much below their cash balance--I'll bet the farm on it. This strategy has worked 100% for me so far....