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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI)

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To: gammaray who wrote (446)12/30/1998 5:59:00 PM
From: PREFSTOCK   of 488
 
I think this old post from me from july is appropriate

To: ICANPIKM (31 )
From: PREFSTOCK Tuesday, Jul 28 1998 8:32AM ET
Reply # of 448

This thread is in the $5 and under category. I guess after another day like the last two trading days we will have to throw a farewell party for wcti. LOL! I was on-line last night in the chat rooms and saw others talk about wordcruncher. Appearantly Lycos and Excite share prices yesterday dropped more than they should have because a few shareholders that bought those hot stocks lower are locking in some profits and spreading there risk by investing in another company in the same industry. Also I think they want larger returns. I think wordcruncher gaps up this morning. With less than 3 million shares in the float it should move pretty fast. Wordcruncher's proprietary technology is just what the Internet Search Engine industry needs to continue to stay on-top. I assume other co's like yahoo, lycos and excite will spend there millions on R&D to attempt to offer multi-language like wordcruncher. WCTI is a leader in there field with the depth of analysis features included in there technology. They stand alone with there current level of ability to utilize lexioons and morphing and stemming technology. Also typical search engines only find only 5 to 20% of available information. (4-3-98 Wall Street Journal article). WordCruncher uses a new algorithm to find significantely more relevant information in a user friendly enviornment. I am not locking in any profit until this stock is over $10 and then it will be just a few. If this stock performs half as well as excite has it's $50 in a few years.



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