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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems

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To: cabernetfranck who wrote (136)1/5/2000 2:11:00 PM
From: momojoe  Read Replies (1) of 896
 
Re: THCG stake in webmethods: Below is the response I received from Lisa at IR a couple days ago, indicating not a huge stake...
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Sorry but that information has not been made public for any of their investments. They want investors to focus on the quality of their picks, not the quantity. Thanks for your interest though. Have you checked the web site at thcg.com?
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(my commentary:) However, for last 6 months THCG shows net income of 400K -- even if they only have a couple hundred thousand shares of webmethods, if they could show, say $100/share profit (conservative), this would translate to $20 million on paper on 200K shares -- dwarfing the present number...

They also have a stake in LEAF....
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