WCAP - Winfield Capital: Insider buying Message Board

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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: CrazyTrain who wrote (1092)	8/6/1999 11:16:00 AM
From: Marconi	Read Replies (2) of 1305

Hello Mr. Friesen and all: WCAP reports 1st qtr loss biz.yahoo.com It looks like equity is $5.30/sh as reported in this quarter. Yahoo has not yet updated the statistics for the most recent quarter other than pricing today (08-06-99). WCAP is trading at around 13 at this time. Still has at least 8 points down to rationalize to a fair pricing for a closed end fund. Perhaps when Yahoo updates their page finance.yahoo.com to reflect the accounting loss per share rather than the apparent low P/E, the stock will rationalize to mid single digits in an orderly decline. That would be fair pricing for a closed end fund, rather than the operating company treatment accorded in recent times by the public. Best regards, m

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