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Sunday, 06/10/2001 1:22:39 AM

Sunday, June 10, 2001 1:22:39 AM

Post# of 1718
A new look at things!

Having tired of reading the same old posts on Raging Bull, I have decided to embark on a purely raw data study of Worldwide Wireless Communication, Inc. and it's competitors....

On FreeEdgar.com WLGS is listed as Sector Industry Code 4813. A 'quick scan' of companies that list under Sector Code 4813 brought up 21 pages of Competitors in the same business listing as WLGS.

Seeing Similarities yet Seeking Differences

Tonight, I VERY RANDOMLY chose 30 Companies that are in the same Sector of Business as WLGS is.

My 'quick take' is that the entire Sector has been experiencing the same Investor share price 'dilution' over the last year that WLGS has.

Some have faired better than others, and I will critique them in detail here in future posts.

For tonight, I want to show a chart of just a FEW of the WLGS Competitors that seem to be suffering the same loss of share price over the last year that WLGS has suffered.

Before you visit the link I am supplying here, I ask that everyone here be willing to keep an open mind. What I am embarking upon may become a timely and tiring exercise for both myself as well as anyone who chooses to follow my research and contribute commentary to it.

As we pinpoint Competitor Companies, it is obvious that many factors will have to be considered. How new the Competitor is, how factually 'related' the competitor is to what WLGS is trying to achieve specifically, as well as other factors we will have to determine together over the course of this research.

Why am I doing this?

As most of you know, I have a strong belief in not only the future of the Internet, but specifically the future of Broadband Internet Access. Who knows...perhaps through this 'exercise' we might all very well identify Companies with even greater potential than WLGS has offered to us as investors.
That doesn't seem like such a bad road for us all to travel down together now, does it??

Of course, my initial scan of Competitor's of WLGS shows some Companies that are doing far better than WLGS over the last year. However, with the incessant bashing of WLGS that we have all had to endure, I thought it appropriate that the first link I share would show the Competitor Companies that are seeming to 'struggle' in much the same fashion that WLGS has over the last twelve months.

I hope that others that share a long term view will take the time to join my 'new crusade', and look at this investment in this industry as a one of strategy, learning, failing, and ultimate success.

Now...the ugly picture...

Here's the first chart that I offer to you. A few Competitors of WLGS that are 'in the same boat'...

http://quote.fool.com/chart/chart.asp?time=8&uf=0&compidx=aaaaa%7E0&freq=1dy&maval=0...

More to follow....





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