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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: SteelerStu who wrote (3320)	4/30/1999 3:45:00 PM
From: Kimberly Lee	Read Replies (2) \| Respond to of 108040

Stu, sounds like a very decent CEO. I will be holding my WLGS shares over the weekend.

To: SteelerStu who wrote (3320)	5/3/1999 9:24:00 AM
From: Kimberly Lee	Read Replies (2) \| Respond to of 108040

Stu, good news today of Holt Media Group on WLGS as predicted by the CEO: World Wide Wireless Communications' Wireless Internet System Doubles in Value /FROM PR NEWSWIRE LOS ANGELES 213-626-5500/ TO BUSINESS AND TECHNOLOGY EDITORS: World Wide Wireless Communications' Wireless Internet System Doubles in Value SAN FRANCISCO, May 3 /PRNewswire/ -- World Wide Wireless Communications, Inc. (OTC Bulletin Board: WLGS) reported today that the appraised market value of the Company is $80 million present value and $350 million future value. The appraisal, in fact a re-appraisal conducted by Holt Media Group ("HMG") of Allentown, Pennsylvania, was dated April 30, 1999 and represents a significant enhancement of the market value of the company, last appraised on December 1, 1998. That earlier appraisal reported a present value of $39 million and a future value of $250 million. The fact that the appraised present value of the Company more than doubled in only five months is principally the result of recent entry by large telephone companies into the Company's market niche. As noted in the new appraisal [t]he union of wireless-cable and the telephone is now only being seen by the marketplace....as Sprint and MCI WorldCom pay billions of dollars to play catch-up so that they can use the wireless digital technology for telephone and Internet access to homes and businesses. The report further states that "ntil the second quarter of 1999, World Wide Wireless Communications was virtually the only company with a full vision of the use of telephone in this environment." In the appraisal, which was undertaken at the suggestion of HMG in light of new developments in the industry, HMG acknowledges that its conclusions are conservative. Nonetheless, in describing the recent "goldrush" by companies such as Sprint and MCI WorldCom into the wireless Internet market, HMG states that "all major telco providers have backbone .. the problem is actually getting into the home...what is called 'the last mile.'" Wireless cable, with no cable to bury or wires to string, can provide virtually instant access, with minimal cost, to a home or business. Douglas Haffer, President and CEO of World Wide Wireless Communications, Inc. welcomed the reappraisal. Having previously noted that the Company had viewed recent developments involving Sprint and MCI WorldCom validation of the Company's long-held vision for wireless Internet, Haffer also noted HMO's continuing description of the Company as being enviably positioned "at the cutting edge of tomorrow's communications industry technology." "The HMG report," Haffer stated, "confirms the position of the Company in the industry as one of the wireless Internet's stronger players." He noted that, unlike the companies recently acquired by Sprint and MCI WorldCom, World Wide Wireless Communications is debt free and unencumbered by out-dated analogy transmission equipment. In light of these circumstances, the Company reported, it continues to actively seek-out new acquisitions to enhance future operations consistent with its business plan to rapidly position itself in domestic and global markets. SOURCE World Wide Wireless Communications, Inc. /CONTACT: Douglas P. Haffer of World Wide Wireless Communications, Inc.,415-956-9190/ /Web site: worldwide-wireless.com May-03-1999 06:15 GMT Symbols: US;WLGS Source PRN PR NewsWire Categories: NWR/CA NWR/PA NWI/TLS NWI/MLM