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Wireless Telecom Group Inc. Message Board

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  • safadinho safadinho May 1, 1998 10:58 PM Flag

    Good call, Dan.

    When they cross that 52 week low line -- I snoop
    around.

    I like what I see here, except for the dividend
    policiy. I'd prefer that $$$ going right into retained
    earnings to grow the company. Maybe the May 15 meeting
    will take care of that. Anyone see the voting agenda
    yet?

    Got new blood here with the new pres. Got a great
    current ratio. 30% profit margin. $350,000
    sales/employee. Cell phone and satellite sales always on the
    rise. Asia's somewhat calmed down. Fidelity holds about
    9% of the stock -- they don't tend to squander their
    investments. Looks like one bad quarter spooked everyone. Very
    interesting . .

    If the dividend goes or the price
    drops to about 4.5, I'll liquidate elsewhere and come
    join the ride.

    I'd guess the shorts have
    bottomed out. Watch for institutional investors to come
    bottom feeding too.

    Good luck.

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WTT
2.36-0.04(-1.67%)Oct 1 4:00 PMEDT

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