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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Marconi who wrote (18348)8/6/1999 11:21:00 AM
From: Marconi   of 18691
 
Hello Mr. Babb:
WCAP reports a 1st quarter accounting loss for the closed end fund.
Please see
Message 10851763
for links.
Trading at 13 now, I expect it to fall to around 4-5 $/sh range as the stock price rationalizes from an apparent operating company treatment to closed end fund pricing, which is appropriate. I have had no difficulties borrowing WCAP.
Best regards,
m
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