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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC)

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To: Kumar Nathan who wrote (630)7/14/1999 2:03:00 PM
From: mact  Read Replies (2) of 845
 
kumar,

as we have read from u previous posts, we know u are heavily invested in this company and u are at least on the sub-conscious level desiring positive re-inforcement...dont worry, u have a winner in WITC....they are first to market and are filling a nice niche....and now they have what they were missing just a few short weeks ago---brand recognition...they have been in the press quite abit lately....their business model is sound as their only weakness(ie-trading executions/commissions) only make up 15% of their revenues...their revenue growth is outpacing their debt accumulation as i have previosuly posted here before....most of their revenues will come from the investmenk banking side of their business, which is growing quite rapidly...they have been involved in more ipo's within the first 3-4 months of this yr as they did in all of last yr....this stock will have peaks and valleys like all inet stocks, but come christmas time, i bet it will hit 60-70's....just dont panic when the i-nets all pull back for the summer including WITC...jmho.

mact
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